-- Connecting the dots between our economy, government and business --
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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This study can’t be right. We’ve been ruled by Democrats for a century.
But I’ll bet Illinois is #1 in SPENDING to correct racial inequality where all the $ end up in the pockets of equity hustler ‘new machine’ CTU/Brandon types…and nothings solved.
I know this much the black students in Chicago get way more funding than the more integrated school districts in Southern Illinois. Why the inequality?
I’m politically independent, but you may be certain that Democrats would damn Republicans if they ruled Chicago and Illinois and produced such abysmal socio-economic outcomes.
When you see and point out racial inequality in everything, then you get racial inequality in everything.
Racial inequality is the goal of the Democrat Party and the professional race hustlers. They need a permanent black underclass that they can mine for votes every 4 years, with gutter level race-war appeals. This is the New Jim Crow.
Keep voting Democrat if you’re happy with the way we are governed.
Simple question: are you and your family better off, safer, and more hopeful now than you were about three years ago?
I’m not.