-- 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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That’s correct Putzger. You don’t fight with the guy who tries the checks
JB needs to pay attention. No more monies to sanctuary states. It is known any federal monies received may not end up where it was intended.
Could the recurring storm damage be prevented through the actions of state/local government? What is the cost of prevention? While I appreciate the hyperbole on both sides of the issue, it would be refreshing to see a more fact-based analysis of the topic. Is this situation closer to a case of “knowing we need infrastructure improvements but won’t spend the money” or “Hurricane Katrina”? Not all is politics.
IL should stop funding far left, socialist policies, and spend on infrastructure to stop recurring flooding and broken water mains. Case in point – Dixmore.
Yup, all the monies spent on illegals yes illegals not immigrants would have gave Dixmoor a state of the art water distribution system
Illinois views property ownership as a form of white supremacy and will not support this with tax dollars.
State still giving away money to illegals so Illinois obviously doesn’t need the funds