-- 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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“Opioid-related deaths, police brutality and COVID-19 are all disproportionately killing black Americans, including in Chicago.”
Stop using opioids, stop committing crimes and lose some weight! Disproportionality solved!
Oh wait, that’s right, YOU are the racists, who say black people are too weak minded to quit using drugs at disproportional rates, and too stupid to stop committing a disproportionate amount of crimes, and too lazy to get and eat healthy. I’m not buying the ‘white people make me use drugs, commit crimes and get fat’ arguments. This makes THEM the racists.
This is one of the dumbest articles I have read in some time. They are literally throwing s*** against a wall to see what sticks. The article itself has no cohesiveness at all with the different topics brought up. Somehow the fact that AA’s do more drugs in cook county it is reflective of systemic racism? News flash to these “journalist” and I use that loosely. Check the opioid overdose death statistics in Appalachian states and you will see it is disproportionately killing whites in those neighborhoods. It is a NATIONAL problem.
Which makes it a good time for a reminder that we post articles from all sides, and by no means agree with all of them.
Very well stated. ?