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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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Most leftists think they are moderate. This poll doesn’t mean Chicagoans want normal. They still want far left. They just call themselves moderate.
You beat me to it. Well Stated.
If they didn’t want him, why did all the voters stay home and let the CTU elect him? Didn’t have to be a psychic to see the results.
The voters stayed home because Vallas is just more of the same old failed democrat leadership and he excited absolutely nobody. The communists however were excited and took office with the lowest voter turnout ever. Note to the IL Republican party, please run a real Republican in Chicago. They can and will win. If Chicago had a Republican candidate in 2023 we wouldn’t be stuck with the current clown. Chicago may not be ready for reform but it is ready for retribution against the clown show democratic party.
Does anybody consider Brandon, CTU & crew, etc to be “progressives” anymore and not simply the “new machine” guaranteed upper-income public sector equity hustling opportunists that they are? No different than the old school machine/ Operator 150 guys trying to stay awake at Streets & San while making a $gigantic$ paycheck on the taxpayers dime in this 67yrs on the streets of Chicago guys mind….. What are the motivations of those in media, academia or dem machine politics that keep pushing this narrative that somehow there’s a difference on a dopey public is the bigger question? Who are the dopes… Read more »
We want a moderate, and honest, governor too.
Chicago can thank the Melanin First crowd.