-- 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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You think?
Mayor BJ – Da Chicago yutes are just have some fun on the EE.
The question is if Mayor BJ’s skull is filled with mud or pudding!!
SIMPLETON.
Chicago’s problem is that we have crime without punishment. Thanks Dems.
45 people shot YTD instead of 68 and the reporter characterizes that as “being in a better spot?” Sad. Hazards on highways should be things like potholes or something that fell off a truck, not someone putting a dozen rounds through your car doors.
According to CPD and city officials those shootings/murders did not happen in Chicago since the State Police have primary jurisdiction on the interstates and expressways. Nice way to keep the violence levels lower, blame someone else, not our problem.