-- 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 is a disgrace that Illinois continues to ignore implementing school vouchers. It seems as if the Dems in IL thrive on creating a culture of dependent citizens – by neglecting those students who clearly are not performing on grade level, but passed along to the next grade anyway. Otherwise, it is very hard to explain why any adult, let alone a gaggle of teachers and administrators, would allow a child’s education to be so detrimentally impacted. Time for school vouchers to allow these families to break the hold of CTU – but it can’t happen until people voting stop… Read more »
Lawless packs of unwanted and unattended youths with no job prospects due to their lack of education and lack of places to work having been driven out by crime.
Spend a worthwhile five minutes listening to this latest Rooftop Revelation. Corey Brooks says out loud what everyone in Chicago knows but is afraid to say.
Yes, he focuses on the actual source of the problem instead of deflecting attention to “the voters”.