-- 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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What a bunch of dopes! How many were not mugged due to UCPD?
Good luck in the real world
“The University of Chicago is funded by war criminals” – Then why do you go there? And if you’re on scholarship, war criminals are subsidizing your education.
These leftists are insane.
No police at University of Chicago? Really? The place would become a war zone, and quickly. Despite being progressive and woke centers of gravity, places like Chicago and Penn have very well trained police forces. They know without safety their high rankings and prestige would go out the window.