-- 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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Training children for failure is very expensive, before and after. One can not become successful at anything through identity victimhood; even race hustlers like Biden, Maxine Waters, Sharpton, both Barack and Michelle Obama, J Jackson and Patrisse Cullors don’t fall for it personally while selling victimhood and “systemic racism” to their followers.
Terrific idea. You are training young people to be complete ninkumpoops who won’t be educated, thinking or informed. They are being trained to be perpetual victims.