-- 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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Liberal politicians in Illinois and across the country have fanned the flames of anger over the past several years. Their policies and worldview emphasize government as the solution to all problems, except, paradoxically, when we need police. Our mayor, Lori Lightfoot, has been unable or unwilling to put a stop to the violence in the streets of our home city, in part because she has been unable to offer a strong defense for good law enforcement agents doing the necessary work of making our neighborhoods livable[…] It is no coincidence that the most violent looting and destruction took place this… Read more »
Since when did Democrats have the best interests of blacks at heart? It’s the definition of co-dependency.
“On the south side of Chicago, we don’t need police stepping back and retreating because of political agendas. The logical extension of liberal police reform is for law enforcement agents to retreat from their duties, but this is exactly wrong and will weaken our neighborhoods.” What? No, every progressive I know says that this will make your community stronger! You’ll all come together to rebuild and grow! The looters of last week are the community organizers of today and future entrepreneurs of tomorrow! Now you have a chance to rebuild everything new, and Jackson Park will be Lincoln Park,… Read more »