-- Connecting the dots between our economy, government and business --
"Don’t be fooled by Johnson’s winning smile and soaring, preacher’s son rhetoric, nor by Pritzker’s make-nice statements from the podium. There is real frustration behind the scenes on both sides, stemming from the migrant crisis, Chicago’s crime wave, a tug of war over leadership of the Democratic National Convention and the parade of tax increases and costly mandates being imposed on Chicago’s business community. It’s also at least tangentially tied to Pritzker’s presidential ambitions and his fears Johnson’s executive inexperience, painfully slow decision-making and progressive political tilt could be detrimental to Chicago’s long-term financial health and somehow undermine the governor’s political future."
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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Pritzker created the problems with his extreme progressive liberal policies. Did he really think hamstringing police and welcoming thousands of illegals was going to work out fine? And mush for brains Brandon wasn’t remotely competent to manage a big city in distress. These two idiots deserve each other.
Pritzker needs headlines that speak to the radical side of the Democrat party and Johnson needs more spending money. Pritzker, can help with Johnson’s monetary problems and Johnson can help Pritzker by containing Chicago’s problems for a crime free convention area with assorted good little bobble head Democrats showing Pritzker’s radical policies work. It is an Illinois show not to be missed if for no other reason than to hear Pritzker’s claims on how great life is in Illinois. One might even say a marriage made in Madigan heaven but even Madigan couldn’t pull off what Pritzker has.
JB will just throw a few million to BJ who will then follow the line and speak only when told to.