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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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The whole distribution process is a complete mess. Totally confusing. People gaming the rules. Just typical Illinois. Little West Virginia is leading the states in vaccinations because they are distributing and administering the vaccine…and not worrying about the lists, process, equity, etc. It works. I am so sorry we live here…this state is a mess.
I personally know suburbanites tangentially affiliated with ‘health care’ that have received both shots so far. Yet there are old, cis, white people that can’t get the shot because there aren’t enough. Even the NYT admitted the other day that Blue States rollout of the vaccine has been a disaster because they were too focused on ‘equity’ and ‘rules’ with harsh penalties, whereas Red states were more concerned with jabbing anyone in line with a shot. And the latter wins. We all know JB is a disaster. But there’s nothing anyone can do about it when 55% of the state… Read more »
You’re spot on debstor. I know several doctors in the North $hore and western suburbs (Hin$dale) who have various family and friends on their payroll, even though they are not actually “working” at the practice. They are able to skip to the head of the vaccine line just because of that.
President Trump’s results look pretty good compared to what Pritzker has actually got done.