-- 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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Once again, the major problem begins the day a lot of these black kids are born. Out of laziness or ignorance, too many black caregivers are not properly involved in developing their children. The kids show up to early intervention, pre-school, and kindergarten unprepared. The results of government educational tests indicate racial discrepancies. The government and liberal, progressive and leftist non-profits decide the remedy is to spend taxpayer money in the name of equity (to achieve equal outcomes; vs equality which is equal opportunities). This main problem is not being addressed. These people need to start being educated during the… Read more »