-- 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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Those dastardly guns.
It’s definitely not the fault of Dem social and public policy decisions that’s destroyed the family unit and educational/economic prospects of tens of millions of minorities.
Pretty hollow tribute – but who would expect more from the Obamas?
Why name this after an individual? Why not dedicate this facility to teens and young adults?
Stolen from the tragedy of gun violence committed by who? YT? or was that violent act committed by one of those poor justice denied, victim of white racism ghetto supporters of Barry.