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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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This story came from the Babylon Bee… Right?
Like every communist, they’ll pretend to listen, and then ignore every concern brought before the committee, and vote to ban all the guns anyways.
One issue with the testimony is that lady who claims that black and brown communtites are over-policed. This is flat out untrue. If they were over-policed, they would catch all the crimnals and put them in jail, with only law abiding citizens remaining. But it is the exact opposite, because communities are under-policed, because there’s still too many criminals committing crimes.