-- 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
Asians are more a minority than AA or Hispanics. They deserve just as much, if not more, protection under such laws.
Total discrimination.
Another glaring example Illinois leadership and Educators are dopes. An idiotic edict that hasn’t a prayer.however he gets to be a darling for 15 minutes. Probably admires Meghan Markle. Poor Meghan is home pouting over the Obama’s slight.