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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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But wait, i thought the only organised inserectionists were by white racist trumpsters in dc on the 6th?? Per lightweight admin statement–““Chicago experienced a massive civic uprising on a scale not seen in decades, with the persistent presence of agitators who came to our city armed for a fight with police and who hijacked otherwise peaceful protests that took advantage of the unrest to loot businesses across the city. “????
“Chicago experienced a massive civic uprising on a scale not seen in decades, with the persistent presence of agitators who came to our city armed for a fight with police and who hijacked otherwise peaceful protests that took advantage of the unrest to loot businesses across the city.” I’ve had otherwise intelligent people, very smart people, highly educated, who’ve told me – without a hint of sarcasm – that the armed agent provocateurs causing mayhem during the Chicago riots were the Proud Boys and other White Supremacists. Which makes zero sense. But they hear it repeated on MSNBC and among… Read more »