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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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I wonder how they determine who is eligible for being in their survey because they’re a “likely Illinois general election voter?” Meeting that criteria would make a respondent eligible to be sampled. Since this was an in-person telephone survey, I wonder if they screened people who answered their calls to determine if they were a “likely Illinois general election voter” before they asked the survey questions. I think the likely answer to this question tells us that the group their survey doesn’t include are those who are not “likely general election voters” now, but who actually do decide to vote… Read more »
Not sure what to make of this poll.
Not a fan of polls/studies – unless I’m able to access the methodology, the verbiage of the questions, and how the sampling was determined and vetted.
And, this is probably the MOST relevant: what entity commissioned it.