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The former UK Independence Party leader and architect of the country’s “Brexit” from the European Union has been touring the U.S. and recently visited Chicago. " In Chicago," he said, "I saw a city that was a complete and utter ghost town. The political differences between what the Democrats and the Republicans have done on this is quite amazing to see on the ground." What governor has handled the pandemic worst? "There's a whole long list of them," he answered. "No, I'm not going to name the worst now, but, generally, the worst thing I saw was Chicago literally closed."
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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Interesting he thought Chicago being closed was the worst thing he saw. I was just downtown all day on Thursday and it was a ghost town with many restaurants closed and the streets nearly deserted. Lori light foot is delusional if it thinks that it can just push a button and bring downtown Chicago back to life. We’ve all moved on , and we are never coming back.