-- 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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There’s over 1 million Puerto Ricans without power! What is Lori doing about this?
Hey Lori,
My little town in NC still has some gravel roads, could you please send us some money so we can pave them? It gets really muddy when it rains.
We are kind of like Chicago, too. We never chase or arrest criminals after a crime is committed. That’s because we don’t have any crime, and we don’t have a police department.
Did all the voters with Puerto Rican ties hear that?
This is Lori’s way of telling Puerto Ricans to stay in Puerto Rico.
RACIST!
She can’t handle the migrants, but she’ll help support Puerto Rico. Who does she think she’s fooling?
Too bad Chicago wasn’t located in Puerto Rico.
Caring Lori will help PR, Chicago? Eh! Not too much!