-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Well finally Chicago has something to brag about. Chicago children learn how to drive earlier than kids anywhere in the world!
When criminals(of any age) do not fear punishment , they will commit more crimes!
The mental disorder that is liberalism seems to keep liberals from understand this basic component of human nature.
“Only 20 percent” of perpetrators being arrested? Dart isn’t even apologetic for that. Does anyone think that is a functional law enforcement operation? No wonder the number of car jackings is way up. your likelihood of success doing jacking cars is better than your odds of success in everyday business.
Tom Dart is a useless tool who is only worried about the next election. Always has been and always will be!