-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Yep, and JB is U-Hall’s salesman of the year. BJ, Kimmy, and Kwame get honorable mentions.
You know what’s next.
Anti-migration Illinois will ban U-Hauls stopping in residential areas.
If that doesn’t work, border crossing gates. Show us your papers!
This is wishful thinking. They want you to leave, deplorable. They want you gone. A progressive, inclusive utopia has NO ROOM for deplorable scum like yourself.
Plus, they need you to leave because the illegals will need housing, their children will need your children’s desks in class, and you, deplorable, are sucking up valuable resources that need reallocation to the illegal immigrants.
This is not hyperbole or exaggeration. That’s why Democrats lie about people fleeing the state, while they obviously are. They hate you so much they won’t even acknowledge that you are leaving, because you don’t even deserve that.
I denounce myself for not extolling the virtues of the glorious State!
Here’s to the success of the next 5 year plan and to the New Illinois Man!