-- Connecting the dots between our economy, government and business --
Last year’s total of 150 expressway shootings was a considerable drop from 2021, when 273 occurred on Cook County highways, according to state police data. But expressway shootings in Chicago are still high compared with pre-pandemic levels. Fifty-one expressway shootings were reported in 2019, state police figures show.
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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