-- Connecting the dots between our economy, government and business --
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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>>Chicago alderwoman blames city, lack of opportunity for young people for chaos downtown<<
So is she blaming herself…?
Since (D)’s have been in charge for decades…
The (D)’s own all of the failure in the big blue cities…
What is youth job training? My first job as a busboy the chef showed me in five minutes how to slice lemons and tomatoes so I wouldn’t cut myself, then the other busboys showed me how to set a table. Is youth job training a euphemism for manners, decency and conflict resolution skills? Things that their parents never taught them? If CPS can’t teach reading and math can they at least teach these kids some basic human behavior skills so they can get their first job.
Hmm, I wonder if having a father present in their lives from day one would make a difference.
Hmm, I wonder if having a (responsible) father present in their lives from day one would make a difference.