-- 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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Leave it to Tubby the Trust Fun Tot to push for and taxpayer subsidize a plant that will produce something no one will buy. Oh that Tubby, a real genius at business.
Car dealers are going belly up cause of the so called EV evolution! So what TTFT did is normal for a dem!
The orange Cheeto disciples lie. Vote Blue No Matter Who!