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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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Communist Arne Duncan talking into an echo chamber.
There’s not a single word in this article arguing or supporting the claim in the headline that Trump has made crime worse. Maybe some of the violence prevention programs Duncan claims credit for have helped in Chicago, but there sure are other factors at work, such as a new state’s attorney and new police chief who are finally enforcing the law. And it sure seems like Trump has broadly helped end the tolerance for crime that was pervasive before he took office. Since Trump sent National Guard into DC, crime has plummeted and there have been no murders in a… Read more »