-- 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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If only we could use statistics to find the perpetrators of targeted violence. But statistics are racist.
If there was only a way to figure out who is causing this “disturbing trend of targeted violence “?
Like, say, there was a distinguishing characteristic that might help police narrow down who the likely suspects were. Maybe they were wearing a Cubs hat, or driving a minivan, wearing Ugg boots, or had on a Northwestern sweatshirt? I guess we’ll never know.