-- 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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I was in Oak Park for dinner a few months ago. Numerous groups of teens and young adults walking the alleys around Poor Phil’s.
But OP is liberal community how could this happen?
But were they vaccinated? You know, if they werent then they deserved it (Oak Park Libtard Logic)
How nice of this woman to contribute her fair share to social justice equity sharing to those who live like thugs.