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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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More like “If you know, you don’t go”
I can fix it so that it shows the reality of Chiraq. How about, “When you go You know your time is up.” Welcome to Mount Greenwood Cemetery.
Does your heart beat faster when someone points a gun at your head?
Welcome to Hades! Where you will lose your life/car AND your soul.
“…travelers want “unique, authentic and personally enriching experiences.””
Hmmm – that would be staying in one of the downtown Chicago hotels w/a closed restaurant and no room service or daily maids or gift shops while paying pre-COVID+ room rates and forking over $40.00+ to an Uber driver for what you used to be able to get in a cab for $20 or less.
And then going through the metal-detectors and security that surround downtown Chicago public parks-n-buildings because the place is so safe, and all that Chicago lawlessness we read about is just a function of our misplaced perceptions.
When you gotta go,You gotta go!
Chicago “We can put an end to all your worries”
I think “You’ll never know what hit you” is more appropriate.
Not wise to use the words “impact” and “visitors” in the same sentence.
When you go, you know? The jokes almost write themselves…
Who is paying for the shitty ad concepts like this. This is even dumber than the “Chicago, Not In Chicago” fiasco.
You are paying