-- 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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It’s sad that a tragedy is required for the Leftists at U o C to have an ‘aha moment’ on public safety. Meanwhile us poorly educated rubes had it right all along.
Amazing what the tears of liberals crying about everything they find offensive until the offensive thing happens to them make me feel. 30 yr old college students will now shelter in place in their mom’s basement. Hows that BLM thingy doing for you now? Hows that dump the cops thingy?
This is devastating for any students at U of C.
But, If i recall last year U of C were protesting to abolish campus police?……
Hey sweetie-pie! BLACK LIVES MATTER! Yours does not… That is a political philosophy that has been taught and preached all over the U of C campus for years. How dare you object to such an honorable cause!?
If you don’t love the Campus–Leave it!!
Hurray for this young person. We need more young people to step up and recognize when government lies to them, and creates an environment and lifestyle for them that is far below what they have a right to expect. Lori is a disaster for young people in the City, and good for someone with 20/20 eyesight to write about it.