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"Young voters shouldnt be fooled by Mamdanis vision. These lofty promises arent new. After all, Chicago Mayor Brandon Johnson has battle-tested Mamdanis proposed solutions to housing, crime, and public transit - and failed to deliver a safer, more affordable city."
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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All the recent, brainwashed college graduates are responding to “free” everything. Obviously they never took a math course, or learned anything but propaganda in college. Someone has to pay for “free.” They won’t be happy when half their paychecks go to pay for all the “free stuff.” Women, get ready for discrimination against you.
New Yorkers. If he is anything like our mayor you’re screwed