-- 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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There are centrists in the Democratic party? We should be so lucky!
Because there are DSA young Turks waiting in the wings to depose the Pelosi, Durbin etc. types across the width of the Dem Party. They may not be as radical as you think but, like Mandami in NYC, the mask comes off and their real America destroying agenda rises to the top.
To answer the question in the headline, at least with regard to Casten and Ramirez, they are far left idiots even mainstream liberals can’t stand.
The big tent effect is the problem. The crazier your positions , the more anti everything ,the bigger your welcome.