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"We don’t want our story to be told that we were unable to house the unhoused or provide safe harbor for those who are seeking safe refuge here because there’s enough room for everyone in the city of Chicago — whether you are seeking asylum or looking for a fully-funded neighborhood,” Mayor Brandon Johnson said. "We cannot afford to get it wrong, Chicago. We don’t want a Chicago that has been so overwhelmed by the traumatization of violence and despair that our residents felt no hope or no choice but to leave.”
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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“We don’t want a Chicago that has been so overwhelmed by the traumatization of violence and despair that our residents felt no hope or no choice but to leave.”
Already there, sport.
BJ, you can do everything with other people’s money…..
I didn’t watch, but saw some news pics with Randi Weingarten on stage right behind Johnson. Kinda surprised Bernie, AOC and Warren weren’t there
You can tell yourself whatever stories you want, but in the real world your stories don’t pay the bills.
Oh! Oh my! You asked for it!!!
Sorry Brandon, but it’s going to be the same old story. Crime, public corruption, fiscal malfeasance, businesses fleeing…..you know it too.