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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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There is little middle ground in most issues today because one side – the left – is pushing for cultural revolution. What middle ground exists with child genital mutilation? What middle ground exists when school teachers change your child’s gender and hide it from parents? What middle ground is there when pornography in schools? What middle ground is there with 10,000,000 million illegal immigrants? What middle ground is there with declaring your enemies white supremacist enemies of the state? America tried this with other controversial issues, like ‘slavery for some, no slavery for others’ thing for several years in the… Read more »
Partisan hack fraud cockroaches like Quigley are the reason that people despise the Democrats, the left, and the fake news fraud media whores that do their bidding.