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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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Who is going to trust Democrats – who have gerrymandered themselves a supermajority of the legislature with only 55% of the votes in the state, to make the ballot box more fair? it literally makes no sense. At best they could make it 95% gerrymandered democrat with a 55/45 split in EVERY district. Hey it’s fair, right, every district represents the statewide D/R split, its just when they do that, they win every seat in the legislature – because Democracy! I don’t trust these guys one bit. Ask them on the record to support a Fair map that results in… Read more »
Political boundaries should be replaced by geographical boundaries. If you were to drive your car around the boundary lines in and around Chicago you would be pulled over for DUI. Your defense could be Honest Officer I’m not drunk I’m just following a political map! Most of these lines look like they were drawn by Picasso on crack. With geographical lines there could be a better representation of political views
Yes, but the Democrats will lie to your face and say that IL gerrymandering isn’t a problem (because Democrats only give themselves a supermajority instead of a majority)….look over there, they say, look at North Carolina, it’s a roughly 50/50 split in the state but R’s garnered themselves a slight majority !!! See it’s bad when republicans do it!