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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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“All three aldermen encouraged residents to check to see if surveillance systems…” What’s the point of catching the gunmen, because we all know Kim Foxx will not prosecute gun laws or property crimes (bullet damage).
Chicago’s ongoing descent into violence is not just the fault of politicians; it’s the responsibility of the voters who continually choose leadership more focused on diversity, equity, and inclusion than on the pressing issue of public safety. The recent gun battle in Lincoln Square is a glaring example of how the city’s priorities are misaligned. While these ideals have their place, focusing on them at the expense of real solutions to crime is a recipe for disaster. Residents, time and again, elect leaders who seem more concerned with checking ideological boxes than with getting the job done. The result? A… Read more »
Chicago’s ongoing descent into violence is not just the fault of politicians; it’s the responsibility of the voters who continually choose leadership more focused on diversity, equity, and inclusion than on the pressing issue of public safety. The recent gun battle in Lincoln Square is a glaring example of how the city’s priorities are misaligned. While these ideals have their place, focusing on them at the expense of real solutions to crime is a recipe for disaster. Residents, time and again, elect leaders who seem more concerned with checking ideological boxes than with getting the job done. The result? A… Read more »