-- 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
I don’t understand what CPS employees are afraid of. Most of them should be jabbed and boosted by now so according to health officials they are “Protected” They could not possibly get Covid from the kids or give it to them. Is it possible that people are not as protected as they are led to believe?
#allchildrenleftbehind
Systemic racism is white children learning without masks while minority children are forced to wear masks and suffer the consequences.
There’s a long sordid history of Democrats forcing minorities to participate in society different than others.
It’s shameful and they are too dumb to realize THEY are the racists.