-- 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
“Democrats don’t have a monopoly on doublethink: Supporters of Donald J. Trump should also be familiar with the term.”
The anonymous author(s) had to throw a bone, without evidence, to the TDS crowd.
What’s so odd is that “justice impacted individual” applies equally to the victim, who oftentimes sees that no or minor consequences befall the perpetrator. The victim is scarred for life and the criminal earns a prize for finishing half the sentence. Upside down, new speak.
I would love to have one of these low life’s
Break into my home. I would love to introduce them to Mr. 12 bore loaded with
00. No need for a trial.
This article somehow manages to diminish the impact of property crimes have on victims. Burglary is a property crime. Your residence invaded by an unknown perso whose intent is unknown. A woman, elderly person, sick, a minor home alone when this invader enters would be a terrifying event that will have long lasting impact. Many times when a home is burglarized the home owners will decide to sell and move as they feel unsafe. That’s an impact on the community. For every person arrested and charged that person has probably committed multiple break ins before getting caught. High crime is… Read more »
None of this matter when too many Black and Brown folx are in jail, guilty or not. That’s the logic they use, and it won during election season. Yes, it leads to the breakdown of nice communities, and I think that’s kind of the point. “Look at this nice thing wrecked, what can we wreck next?”