-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Kudos to Prof. Jacobson! He seems to be one of the few professors who have their heads screwed on straight!
Negotiating with terrorists typically isn’t a sound strategy. Northwestern just isn’t what it used to be.
Look at the FILTHY DISGUSTING MESS these leftist t*rds leave wherever they go! This is from an ‘Evanston Roundtable’ article about a “May Day Protest”: https://evanstonroundtable.com/2024/05/02/northwestern-activists-call-for-may-day-strike/ Northwestern activists called for May Day class strike Appeal followed Monday agreement to end Deering Meadow encampment ““This is a group of autonomous students, faculty and community members mobilizing together in solidarity with a national call for anyone within university systems to strike today, May Day, put out by trade unionists across Palestine, the Palestinian Youth Movement as well as the writers against the war on Gaza,” said an organizer on behalf of the… Read more »
What a pack of slobs with no regard to social contract.
Their mothers must be so proud (not).
Hard to fathom that people who throw rocks and bottles all day at Israeli soldiers have a trade union.