-- 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.
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If the schools become seriously crime ridden and the schools take care of these problems in house, who gets sued when someone is murdered or maimed ?
Let’s go 100% cops out of schools and student lives. Let the admins deal with the ramifications of depolicing and those little darlings.
Because we need to have habitual trouble makers and those that can’t follow basic rules at after school functions.