-- 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
It’s a shame that the anti-police factions of the CTU and CPS were able to remove these “resource officers”. Assigning the right police officers (e.g., even-tempered, non-hard-ass) to schools may be the only positive interactions some of these kids have ever had with the police.
As in today’s society, the anti- police CPS and the thuggish students and their equally thuggish parents were the only people having a problem with LEO’s and have things their way.