-- Connecting the dots between our economy, government and business --
The Wall Street Journal’s James Freedman highlighted Wirepoints’ Report Card data in his piece criticizing Mayor Johnson’s union-friendly/anti-taxpayer requirements for the post of deputy mayor.
Read the WSJ article: Worst Job Description in Chicago
Read more from Wirepoints:
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Brandon has been handed a sinking ship. It’s going to go down faster than the Big Drop atGreat America. The brakes haven’t been maintained and it will hit the ground with full force. Back to back to back Democratic Mayors. Hmmmmmm…Lori? comments? What was the big plan?
CHICAGO IS IN REAL TROUBLE
This is who dems nationally sign up for their 24 convention
Brandon Johnson does not want to look out for taxpayers! He wants to milk them like the cash cows he views them as.
Brandon is Chicago’s Hugo Chavez – tax the rich, give to the poor, destroy all existing institutions along the way in pursuit of power. It’s not a mystery what he’s doing. He’s not some really smart guy playing 4D chess. He’s basically a dummy who clings to a progressive ideology – not really understanding what any of it means – because saying the right things has helped him navigate his career.