-- 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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People with extreme circumstances, teachers
Perhaps some ambitious and scrupulous litigation attorney will look into possible violations of the ADA by CPS for discriminating against the unjabbed for treating them as disabled by requiring weekly testing and other actions not required of the jabbed.
Perhaps some CPS employees who don’t believe they’re property of the state will explore such litigation.