-- 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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It is an easy problem to solve. Give them decent paying jobs, so they can afford to live in an apartment. Not an easy thing to do. Chicago chases away businesses and the CPS does not give graduates any job skills. So, it looks like the homeless problem is here to stay.
Old Joe always wanted to keep the fruits of his labors. Did that make him a bad guy?
I hear Stacy Davis Gates has a home in Indiana you can use.
“ Diversity,equity, inclusion!” Keep singing that failed song to people that rejected it last November, Raggedy. Maybe you’ll get a half time spot at the Super Bowl. You’ll probably be there on the taxpayers dime anyway.
Classic opening line “we need more” and then of course how the tax system is unfair because it doesn’t provide more other peoples money to spend. Then they wonder why we downstaters want to get away from being associated with Chicago.
Is there a human more tiresome than Brando. The incessant complaining about inequity. Just shut up already you stupid moron.
Brandon Johnson is simply saying they need more. That’s his problem. He and his crew have no idea how to run anything. They just know they need more.
All we are saying is Give Peace a Chance. Didn’t work for John Lennon either.