-- 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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It’s sad that he shut it down for any of the false reasons mentioned. It was peaceful. “disruption”, what if Charle Kirk or Trump were giving a speech on campus and they were being disrupted, I’m sure they would not have shut it down. They shut it down for one reason, they don’t like free speech that upsets rich donors.
Good for him for getting the protest shut down. And compare this result, and this statement, to the disgraceful actions and commentary by Northwestern University and George Washington U. Students are not in charge. They are not free to disrupt whenever and whenever they please. And there should be repercussions to those who caused the problems.
Suppose the protesters had no demands on the university. Then, the principle of institutional neutrality would not have been at issue, but it still would have been appropriate to shut down a demonstration that violated rules and disrupted the campus. I like the concept of institutional neutrality, but I think his reasoning is inadequate.
What Mr Alivisatos didn’t mention were the faculty involved in the campus disruption – these employees should be subject to discipline upto and including termination.