-- 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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Burn it all down… Metaphor…
Really, PARENTS, TAX PAYERS, do you see what liberal policies have wrought?
Are you awake to the lunacy of a school district run by politicians? That’s all they are..
They are not educators.
They are not stewards for your children.
They are simply your peers who seek, at every juncture and in the paraphrased words of EM, to never let a good crisis go unused.
I am calling Garretts now to place my order. This will way better than the woke retreads hitting the theatres…