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“I came into this role very clear about the historical disinvestment. I’m very clear about what I’ve inherited as mayor of the city of Chicago. That’s why I’ve been very strategic about building partnerships,” the mayor said. “...Being able to pull people out of poverty, to set higher standards for how we treat people and how government is ultimately administered in this city — that is gonna take us some time.”
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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Spoken like a true ‘marxist’…
Pull people out of poverty? How did he do that? Did he encourage them to get jobs and go to work or instead was it just more handouts funded via taxes from those who do work?
Every time I see a picture of this guy, the Jefferson Airplane’s album “Bless it’s pointed little head” immediately come to mind
This mope’s mug would look better on “The Muppet Show”, lol…
“…Being able to pull people out of poverty” There’s no example in history of “government” having such success. You want to pull people out of poverty; get government out of their way…which in Chicago, there’s little chance of such.
It won’t take nearly as long to sink it in its entirety though, and bumbling Brandon is well on his way to do just that.
What a filthy goddamn f***ing liar.
He claims to be a consensus builder.
Right after he does a drive by firing on the City Health Commissioner Arwady.
A firing ordered by the Chicago Teachers Union — because Arwady ordered the schools to reopen — ending the CTU’s 3 year COVID vacation.