-- 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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High School athletics is an integral and important part of student development outside of the classroom – there really should be no debate on that.
Football, Soccer, Lacrosse are all played outdoors on a very large field often times with large seating areas for spectators. There is absolutely no science to support banning these sports. And yet Pritzker thinks it’s just fine to play basketball, which is indoors and on a small court – where’s the science when Pritzker contradicts himself all in the same bloviating breath?
What about the minorities who need football or other sport scholarships? Why does the Dictator hate them?