-- 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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These few, these precious few, this band of empty headed CTU scholars were recently insisting they should be first in line for shots and all students should be vaccinated. It appears nothing can restrain their incredible hypocrisy. They are heroes of the pandemic!
Hey CTU,
Who did you voter for last election!
Ah, children, I remember the old days when you, with advice of your doctor, determined what vaccines you needed.
Now the president of the United States and the governor IL makes that decision for you.
Old Chinese curse: “May you live in interesting times.” We’re there.