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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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Radical Marxists (AKA Democrats) do not know what the word respect means. Rich Miller is a JOKE. The Dem’s never reach across the aisle or compromise.
Why do Democrats need to reach across the aisle? They have a super-super majority based on gerrymandered districts that look like shrived up pieces of bacon. They harvest the ballots months before voting day and count them so they know exactly how many more they need to win on election day.
Let the Dem’s own it all. The feckless Republicans should just sit back (which is kind of what they have been doing for a long time) and let them further destroy this State. His entire article is cognitive dissonance at its finest. They gerrymandered the hell out of every district to help them keep their supermajority and now they are going to let inmates vote – to help them even more. For a party that claims the demographics have changed (which they have to some degree) you would never know it by all of the ways (Vote by Mail, Gerrymandering,… Read more »
No were are nowhere near as blue as they claim that’s why they have to gerrymander and give inmates the vote.
Dems do own all of this. For decades. And no one cares. There is no karma, or cosmic reckoning. The state will just continue to suck until Republicans take back over by harvesting 3.5 million ballots between now and November 2024. It’s really as simple as that.