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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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This one’s a bit wistful. Apparently no one but the employees will miss its departure. Can the Tribune be far behind?
#chicagomediaisdead
Is Fred still printing your Chicago reader?
Why don’t you have a subscription cost for delivery to your home?
Isn’t their mighty writers guild union going step in and save all the lefty writers? …what’s old Ben Joravsky going to do, or maybe he has his own syndicated $deals$ with other psudo-socialist media outlets so for him it’s not a big deal?
About 30 years ago I likes the restaurant reviews.
Good riddance to this worse – than – useless leftist rag…
Because God knows, we can’t go around exposing police torture in Chicago, can we? The Chicago police have always been saints, amIright?