-- Connecting the dots between our economy, government and business --
"Why would anyone brag about a delay in a tax increase by implying that it is a tax cut? The answer is that politicians gladly spread misinformation to the public when they are trolling for votes. Is a 2-cent delay more important to consumers than the 10-cent increase in sales tax?"
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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What about making the stickers life size so people can see them easier.
If they made life size stickers of Jabba they would run out of adhesive.
Not mentioned is how Pritzler is diverting gas tax monies for things other than our terrible roads and bridges – just as some said he and the Leftist Democrats would. Recently $400M diverted for ‘building upgrades’ at state colleges.
Diverting Covid monies for Regime mandated indoctrination in public schools, and now diverting road taxes to prop up spending at state colleges. You simply cannot trust Pritzker, at all.