-- 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
Why is Duckworth a war monger!?
Duckworth is useless!!!
Arrested, charged, convicted, sent to prison. Life ruined. Guidelines under sentencing laws followed and Duckworthless is not happy unless, it’s one of the base voters of the democrap party, guess who, then she demands justice.
Geez– is she still a Senator? Where’s she been the last year? Can anyone identify any single issue or topic she has been involved with? Has she had a single thought about Inflation? Covid? Supply chain problems? Any topic at all that Illinois citizens care about? Sponsored or passed a single bill anyone has heard of?
I guess you don’t have to weigh in on anything if your job is simply to be Durbin’s shadow.