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Revisionist history notwithstanding, Cabrini-Green more than deserved its reputation for crime and squalor.
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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“the episodic nightmare reports from the projects encouraged the belief that social-welfare programs should be judged by their results, not their aspirations.” I don’t get it. As long as you have best intentions, results don’t matter? This belies the practice of doing the same thing over and over and expecting different results.
Maybe I ready it wrong, but I thought he was trying to say that voters did begin looking at results instead of intentions. In any event, elevating intentions over results is indeed the primary, persistent sin of the left.
Mark, I have to disagree. The idea that the Government should provide a social safety net in the first place is the original sin of both major political parties and theri accomplices in the state. Society functioned best when the great fraternal organizations and churches fulfilled the charitable role and were able to put restraints on behaviors as a condition of extending charity on the recipients.
The very principle of Caprini Green, that individuals had a right to burden society as a whole was the problem from the get go.