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“People are angry about the lack of resources in their community,” said Richard Wallace, who leads Equity and Transformation, an organization that advocates for Black workers in Chicago. “People are angry about joblessness. People are angry about the cost of living skyrocketing.” That anger has exacerbated long-standing tensions between Black and Latino residents over scarce city services and job opportunities.
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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Rich, here’s a thought. Why don’t you open a grocery store in a food desert and laugh all the way to the bank?
I love how these articles just dismiss the fact that these blacks and their ancestors have lived in this country for hundreds of years longer than the immigrants who showed up yesterday. Citizenship, your ancestors’ blood sweat and toil, the fact that they were slaves before becoming American citizens, none of that means anything when the illegal immigrant crosses the border illegally and steals all of your resources.
But they voted blue for so long, they deserve this. No sympathies.
Pardon my cynicism, but if the “ new arrivals “ weren’t getting any of the social services, we would be hearing nary a peep from the folks in the community as Brandon likes to term them.