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.
Since the article mentions “ racial inequities” can I assume this is just another program targeted at black youth that, when the day is over, amounts to no more than another dark hole that money disappears into?
Here is what 3 decades of what’s going on here has done to Johannesburg. Is this Chicago’s and other cities fate? Less than 30 years of inclusion/diversity and equity. Will we learn from others about the mistakes they made? I think not!
https://www.naturalnews.com/2023-06-29-dei-johannesburg-south-africa-collapse-crumbling-hellscape.html
Comments are way at the bottom of the article.
Basically the City needs to be the butt kicking father these kids never had. It’s an impossible task.
Some of them are working, just not at a normal job. They are using the only skills they were taught in school.
Maybe they are da gang bangers jumping on cars on Michigan Avenue?!