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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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Again, members of the community hold another incoherent and irrational policy position. They want ‘more trust’ in police yet vehemently subscribe to a ‘snitches get stitches’ code of ethics. What exact does ‘more trust’ even look like? And who exactly is a ‘community leader’ that can even control the wilding nature of the residents? I mean, if some foreign invader came into IL and the leader of army said, “who is in control of this neighborhood, who is the leader?” who would that be? The alderman? The guy who walks his dog twice a day? The guy who drinks beer… Read more »
Too many cops, racist. Not enough cops, racist. Too many arrests, racist. Not enough arrests, racist. I’m beginning to see a pattern of all these “studies”.