-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Anyone with any knowledge of what a joke this so college is just calls it “Oliver-Hardy”. If you don’t know who they are, Oliver and Hardy, do some research.
All the professors are required to speak Spanish so the illegals can be fast tracked and be hired as police officers.
A free degree in ‘criminal justice’ probably isn’t worth a dang thing. They probably teach that police are oppressors, restorative justice works, broken window theory doesn’t work, etc.