-- 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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Pritzker was wetting his very large pants while speaking about quantum computing.
His excitement was so strong that I was waiting for everyone to hold hands and
Start singing “ Happy Days Are Here Again”.
The man hasn’t a clue. The state is bankrupt
Jobs are leaving, people are leaving and Nero
Fiddles on. The situation is a fait acompli.
Next week he will guarantee a chicken in every pot!
don’t forget …….he wants to run for prez after he’s finished ruining Ill………
Great article…coulda been written by Griffin.