-- 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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More than 30yr as a student at Rush University I met a graduate student from CCP who came with his wife and 2 kids. He told me that his family got “free” medical care at Cook I let him know that the previous year I paid $800 in property tax to pay for their needs. I do not mind helping fellow CITIZENS who are down and out but Rush U was certainly sucking the blood from property owners. Preckwinkle and Foxx hold office because POC vote by skin color. Blacks represent only a third of the city’s population and come… Read more »
Join us at the table of FREE! Become a supporter of democrats and you will get lots of things FREE! The only exception is if you pay taxes nothing free for you. If you aren’t a liberal, nothing free for you. Republican, no free for you. FREE only for those sucking on the test of hard working tax payers. FREE only to those who need a democrat overlord telling you how to tie your shoes. FREE only for those who are dumbfounded sheep kneeling before their masters. FREE, FREE, FREE be a drone for the democrats and get it FREE!!!
Democrat’s only skill beyond Virtue Signaling is spending other people’s money.
The voters keep rewarding those politicians that promise that free money so expect it to continue. It’s what the voters want. More free stuff that the “other” guy can pay for.
Democracy is a sheet and two wolves voting on what to have for dinner. But even that would be an improvement in this twisted perverted State; Illinois isn’t even a Democracy. Instead it’s at best Kleptocracy.
The loyal democrat voters have blindly outsourced the state’s political affairs to the Democrat Party apparatuses, and gives them no oversight or accountability. For a century the Democrat party was just plain corrupt, but unfortunately has now turned ideological with the progressives in charge. Corrupt ideologues describes the Bolsheviks.
Eventually they run out of sheep and turn on each other. Abbott’s travel agency is already showing the cracks.
To the two down-votes, please share your perspective on how this is an incorrect statement…. Waiting…
Who is this “we” she mentions? I don’t remember anyone campaigning on eliminating medical debt.
She has been talking about this before her last election so it has been well known. Her office even sent out letters in the fall of 2022 telling people their medical debt is going to be forgiven. Perfectly timed for the election in 2022. It was also covered in local and national newspapers.
You think the voters of Chicago wouldn’t support government paying their bills? People love that “free” money just like their “stimmies”.
Why am I paying the medical debt for degenerates who refuse to pay their $50 co-pays? Why is this my problem? I have a $50 co-pay bill on my kitchen table right now, and I’m putting the check in the mail today.
In the words of any democrat politician out there you are a sucker for paying your bills
Toni, when you’ve figured out a way to abolish medical costs get back to us.