-- 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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Like any good Dem, after fouling your own nest, you go elsewhere to repeat the process.
Most every morning you blast a long list of comments like this that have no value because they are repetitive and shallow. To you and others who do that, know that most of them get deleted. You can’t filibuster the comments by covering them with junk when others are trying to put up substantive comments. So, stop wasting your time and put some thought or research behind what you write.
My above comment was in reference to the fact that many people in the states being inundated by Democrats are saying that the new arrivals from other states are unfortunately bringing their liberal politics with them. That I conveyed that without data, research or bloviating for two paragraphs wouldn’t seem to be a fault. I’ve also asked a legitimate question ( or two)without reply. I guess you could establish the rules of the game in order that all should conduct themselves in a manner befitting, as I’ve seen others make threats, name call and bicker openly with each other. I… Read more »
Hey Blue Counties, you could remedy the population loss caused by your policies by importing illegal aliens.