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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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NPR is so woke it purposely left out the Donohue-Levitt hypothesis which postulates that abortion reduced crime in the 90’s and beyond. Because that denies the personhood of the fetus to suggest that a fetus actually grow into a person, some of whom may go on to commit crime. This is a major contributing factor to lower prison populations today. In the 80’s, IL on average had 60,000 abortions a year and 50,000 a year in the 90’s. If those people were alive today those people would be in their 20’s and 30’s, and in their prime of crime.