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Sherrif Polk, 28, has been getting a $500 monthly stipend from the Equity and Transformation’s Chicago Future Fund, which gives the benefit to formerly incarcerated people. He has used the money to buy diapers for his young daughter, get school supplies for his older kids and help their mother with costs.
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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The government can’t give anything to anyone with first taking it from someone else.
These basic income welfare giveaways ignore reality — 60 years of Democrat welfare programs have done nothing to reduce poverty
This article is an atrocity and an abomination. Our government is giving $6,000 a year to: an illegal immigrant who has been cheating on his taxes for decades; a young male felon of working age; a young woman of working age with so much junk she needs a storage unit to store it all; an attractive middle aged yoga instructor. The only person who arguably, in my opinion, should be getting the money, is the 57 year old lady working full time as a security guard making $32,000 a year. At least she is working, and she is older and… Read more »