-- 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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Has he ever thought that educating children to provide more opportunities for success for these kids? Address the poor education quality in CPS and hold the CTU accountable for keeping underutilized schools open to protect their jobs. Close the vacant schools and send the teachers and money to where the students are
“Johnson took office last May as the city was winding down from a historic crime spike in the wake of the COVID-19 pandemic and civil unrest over the Minneapolis
police murderself-inflicted drug overdose of George Floyd.”“Johnson took office last May as the city was winding down from a historic crime spike in the wake of the COVID-19 pandemic and civil unrest over the Minneapolis <s>police murder</s> self-inflicted drug overdose of George Floyd.”
“Root Causes Approach Will Work”.
This is laughable because progressives are incapable of identifying cause and effect. They operate only on their ideology of oppressor/oppresed, never admit to failure of their ideas, scream racist at anyone who points out failure, and double down on ideology.
Root Causes Approach would work if they could properly follow the steps involved, but they will not. They just use the words because they think it makes their ideological approach sound rational.
The problem with addresses the root causes of crime is that crime is the root cause of their problems. Stop the crime, the neighborhood values will increase, businesses will move in with jobs, locals can get jobs and form good credit to take on loans to start and expand businesses in the community, and so on. There are few high crime neighborhoods where people thrive. The root causes of crime theory also treats crime like it’s an external public health problem that has been inflicted upon the community. But it’s not, these are people themselves who are shooting and robbing… Read more »
CORRECT…… THAT EQUALS LOW IQ
For the thumbs down……….you simply PROVE MY POINT!!