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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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There are too many major deficiencies in some of these mayors for “steady hands on the wheel” to make a difference. Kinda like telling a hopelessly bad hitter in baseball to concentrate while batting.
I can’t see this missive from Milquetoast Andy, as I don’t intentionally reward incompetent leftist useless Chicago Media organizations. The useless Chicago Media is how an incompetent lout such as Mayor Cliff Notes obtains and retains power. A man is what he does, Milquetoast. Mayor Cliff Notes has never held a job of responsibility in his life and it shows. He hasn’t an original thought in his cavernous, echoing head, and is surrounded by CTU enforcers and DEI clergy filling his head with positions and policies that enrich the proverbial ‘friends and pals’ while directly harming Chicagoans. A man is… Read more »
A mayor with a Marxist, whites excluding agenda is a bad guy. Let’s hear Andy sing the praises of a mayor that does exactly the opposite, should that ever happen. Not likely.
Johnson isn’t a bad guy — he’s smart and articulate, and he genuinely believes in his mission — but he was, at least initially, clearly in over his head. Wow, Fullbladder you said it – Andy Shaw is a moron. Johnson isn’t remotely intelligent. It doesn’t take a rocket scientist to know you don’t defund the police, it doesn’t take a Rhodes scholar to decide not to spend billions of tax dollars you don’t have on illegal immigrants, it doesn’t take a Fermilab PhD to know when you need to reign in spending. Anyone with eyes and half a brain… Read more »
When I read the teaser, I thought, “Is this a serious statement?” And then I realized who wrote the article. BLM Brandon is double trouble because he is both an idiot and an ideologue, surrounded by the same. City Hall is full of mouth breathers in control of the purse strings. The only intelligent statement in the article is “A city is not a college campus where you can endlessly debate systems of oppression.” Unfortunately, that is what Chicago has.
No one bothers to comment here because it’s Andy Shaw; pretty much say’s it all.