-- Connecting the dots between our economy, government and business --
Chicago Ald. David Moore says he’s finally starting to see the change he’s long been envisioning when it comes to reducing the city’s out-of-control violent crime numbers.
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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Hold the praise. Summer is just starting
Or is it no more Covid lockdowns plus the cumulative effects of lead abatement?
https://en.wikipedia.org/wiki/Lead%E2%80%93crime_hypothesis?wprov=sfla1
Or is it the elimination of the “ walkie talkie on a stick “ , leading to crimes discovered well after the fact, people not reporting crime because they don’t want to stick around for hours waiting for the police to do nothing more than take a report, or folks with payback on their minds that are going to “ handle business “ in their own fashion?