-- 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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Cabrini Kim lets the feral predators off. Until she, Lori and the black caucus and blm is gone, problems will continue.
Andrew Papachritos? Isn’t this that goofball academic from the other day’s NPR article with gems like , gang bangers shoot at each other over drugs and crime?
I’ll do that study for half the price and three times faster and come up with the same result
Doubtful you’ll come up with the same result. This guy’s math is probably as good that the Imperial College Covid Model, which said that 1,000,000 would die in a few months unless everything was shut down IMMEDIATELY! But that author’s model was totally made up, complete garbage, it was discovered after he was forced to release it when he was caught breaking his own shutdowns to sleep with his chunky blonde anti-Trump mistress (true story, look up neil ferguson). My opinion is that crime runs a lot deeper than just *6%* of active gang bangers. My guess is that most… Read more »