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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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I read following recently. …
A study from 2014 found that strong support for a policy among the middle class has virtually no effect that a policy will be adopted.
In contrast, strong support among Americans in the top income decile—those who earn at least 173 thousand dollars a year—doubles the probability that a policy will be adopted.
But these individuals, the people who wield the most influence in policy and culture, are often sheltered when their preferences are implemented.
…Most people didn’t want to defund the police; but the most affluent sector of society did. And thus it was implemented into policy.
Well said, exactly what I’ve been trying to say below!!, And with migrant mess, JB/Brandon are choosing to virtue signal to that upper income white libtards $donor$ base vrs/at the expense of Blacks & Latinos.
another issue that could spectacularly backfire on JB/Brandon & dems, is if the $9,000 rental subsides apply to Venezuelans ONLY…Don’t forget that the Dept of Homeland Security work authorization applies to Venezuelans ONLY…..I’m sure this will backfire on Dems spectacularly with majority Mexican Latinos in US…untold millions of whom are here as undocumented immigrants
This reminds me of more days ago than I care to count growing up in East St. Louis. A lot of the well to do lived in Belleville and were constantly critical of what was going on in East St Louis on the racial front. Those well to do types had a lot to say what happened politically yet they lived in lily white Belleville neighborhoods insulated from their policies. Life continues on
Very interesting. Thanks for that. I do think, however, that today’s public views on major issues has gotten so far out of whack with what officeholders are doing that it will have to start changing elections (provided challengers can get their act together).
Majority of Chicago wants to end sanctuary status:
https://abc7chicago.com/sanctuary-cities-in-illinois-chicago-migrants-city-m3-strategies/13872569/#:~:text=%22A%20majority%20of%20Chicagoans%20prefer,were%20polled%20all%20over%20city.&text=%22It%20was%20600%2B%20likely%20voters.
But they elected a leader that has a different opinion
Not for long. He’s starting to crack. Everybody knows this isn’t going to end well.
Democrats like Pigster proving once again how much they truly hate actual citizens of the nation.
It’s becoming increasingly clear that the JB/Brandon migrant soap opera/clown show plays well ONLY to upper-income white libtards. That’s the dem voter base JBs is making a calculated risk in virtue signalling playing to by diverting rental assistance for Illinoisan to migrants at the expense of predominantly low income Black & Latino Illinoisans. Because low income Blacks and Latinos are irrelevant collateral damage, JB & the machine assumes they’ll get in line as usual….