-- 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
When you see Pritzker on Fox, you know he is running for President. After years of criticizing Fox, they should have been ready with every question that the mainstream liberal media would never ask the man who would be king. His record as a tax and spend, wide open borders, transgender pushing DEI advocate is crystal clear. Make sure every American voter is familiar with his intentions to destroy this country.
If anyone knows about taxing working families, it is governor Porkulus Maximus.
Cute, JB the Hutt. Now do Illinois taxes. Start with property taxes, then add up the rest.
Are ‘working families’ exempt from the Hutt’s tax schemes?
Pot calling kettle black!