-- 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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The progressive policies have failed. Dems can “doctor” the crime stats, but everyone knows that they’re a lie. In order for crime to decrease, there has to be consequences for criminal behavior. Juveniles who commit adult crimes need to be tried and sentenced as adults. Gangs are recruiting kids to commit crimes because nothing happens to these kids. Time to change that.
Will her first strategy plan call for Johnson to defund his 159 cop detail and defund or eliminate security at his home in Austin? Redirect the savings into something else? Well he does need security, any mayor does, so how about a sensibly sized detail and redeploying a lot of those cops to where they’d do some good? Is that too much to ask? Why yes it is!
You don’t understand. Johnson is making the sacrifice of putting up with all those 159 cops so they won’t be out on the street harassing minority citizens.