-- 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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A few years ago recently discharged military personnel were routinely eliminated from candidacy as police recruits. They were considered to be too dangerous, too aggressive to meet the new kinder, gentler, woke police officer.
Back in the day the pool of CPD applicants was deep – now it’s less than shallow.
Pols might want to consider why the monumental shift?
Could it have something to do with vilification of law enforcement?
Sounds like an exotic carbuncle. Looking for only those exiting the Marines with DD status.