-- Connecting the dots between our economy, government and business --
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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We’ll they receive more benefits than they pay in taxes, cost the state more in prison, jail, and court costs. Of course, these are the types Dems love since they’ll vote illegally in foreign languages for Dems at Illinois polling stations.
Don’t forget the culture! They bring so much culture to Illinois!
All this article does is prove how much anti-white racism there is. Minorities overwhelming believe that immigrants are ‘good’ for Illinois – which is against their own economic self-interest – just to dilute the white population. This is similar to what what Democrats accused Trump of when he said that he wanted less African and more Norwegian immigrants. Except that Trumps comments were 100% based on skills, English proficiency and economic status, whereas this Democrats in this survey are likely agreeing with the question based mostly on race.