-- 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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Chicago and the State must have it in for themselves. They’re the ones blatantly ignoring Immigration laws on the books in a quest to feel virtuous . They have a rude surprise coming!
“This administration already has it in for us,” said Fred Tsao, senior policy counsel at the Illinois Coalition for Immigrant and Refugee Rights.” – no, you support illegal immigration, which is what Trump has it in for. Supporting illegal immigration merits such attention.
Yes, they do “ have it in “ for states that burned through taxpayers money enacting and enforcing sanctuary policies without consent of the American citizens living here. Hitler claimed that everyone was picking on him too.