-- 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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Go read the article by the Sun Times who had a blazing headline about Trump threatening to fire them when all it amounted to was a routine employment letter reminding new hires that they doo not have full Civil Service employment benefits until they are on the job longer. Just pure hogwash from the Sun trying to stir up emotions that are easily debunked but will anyone even bother? Now we know why the Sun doesn’t allow reader comments…they are afraid of being debunked.
Pritzker better get used to taking it on the chins. As Trump and Musk continue to reveal how the Federal Government has been wastefully spending tax dollars, and as Trump tactics like tariff threats yield real results, the already strong momentum will grow. Dems look increasingly silly and are being ignored. See yourself out Big Boy, it’s all over.
Chins 🤣🤣
Pritzker listen up, cry and complain to someone that’s wants to listen to you otherwise shut the hell up.
Yet these same leftist political animals continue their banquet of lies. All while pointing fingers at the only one who seems to have been mostly telling the truth the whole time.
#TrumpWasRight