-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
This doesn’t make sense, Biden states that inflation is down and the economy is doing great.
Along with jelly belly
What do you think will happen when they (commies) run all the little guys out of business?
Blight, we’ll have blight. Big business will pick up the slack. Hope you enjoy shopping at wal-mart for everything.
What’s wrong with Wal*Mart? They’re customers are more likely to vote red than blue.
Don’t shop there now…..mostly do internet