-- 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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any of these dopes who voted for BJ deserve to be the next chalk outline
Interesting, Brandon Johnson won by 26,448 votes, which just so happens to be about the same margin from about 27,500 ballots from aged 18-34 voters who didn’t bother to vote several weeks earlier. Nothing to see here folks, just ignore electoral rarity – young voters casting ballots in a greater percentage for a run off than the general election at the exact margin that BJ needed to win. Call it a win for progressive values, and not the obvious electoral fraud it was.