-- 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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From the article
Opioid deaths disproportionately affect the county’s Black and Brown communities.
Is that true? Have not looked recently, but studies i saw a while ago showed Oxy affecting everyone, rural whites pretty significantly.
Or is Scum-Times counting all opioid deaths even though article is about Rx settlement, Usual lazy/misleading reporting
Let’s go Krogering!