-- 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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An effort to restore the rule of law’: GOP lawmakers file articles of impeachment against Ohio Gov. Mike DeWine over COVID-19 restrictions. This should read Governor J.B.Pritzker
We have gotten emails from SNAP recipients that it’s messed up to. People not getting the benefits or answers. Is anybody else seeing that?
I have one question, what is wrong with Springfield why is it that the politicians do not want to do anything about the fiscal and financial problems in this bankrupt insolvent state any input please.
Fear of public unions.
The telephone v/m’s in my agency load up with folks who pull one of our agency’s numbers from somewhere on the net and call us because they can’t get through to HFS and IDES, or the Managed Care Company that’s responsible for supervising someone’s Medicaid benefits. State employees in all of these agencies have been working remotely with little or no “in person” contact for 8 months. Many working on their personal computers at home, or refusing to work until the state buys them one. Department of Transportation, State Police (“How long have you been waiting for your FOID card?”),… Read more »
These are the same people who have no problem watching the private sector lose jobs, businesses, and life savings by “emergency orders”, yet somehow expect that public sector salaries and pensions will continue to be paid by the taxpayers.
Is there really a question as to why the Department is a disaster? Total incompetence is what you get if your number one criterion is hiring loyal political hacks.
Why does Illinois’s unemployment system keep failing?
answer: because it is run by government.
Simple, because we have a incompetent idiot in Springfield along with the general assembly.
Remember Pritzker and your press secretary you have only one cheering section in Illinois it’s Capital fax Illinois.