-- Connecting the dots between our economy, government and business --
The tragically incompetent mayor of Chicago, Lori Lightfoot, appeared on CNN’s “State of the Union” last weekend to deflect attention from the horror show unfolding in her city by blaming interlopers for its spiking murder rate: “We are being inundated with guns from states that have virtually no gun control, no background checks, no ban on assault weapons—that is hurting cities like Chicago.”
Although these accusations have been leveled by Chicago politicians for decades now, they are a myth.
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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Rockford has become pretty bad.
This statement implies Rockford was not bad in the recent past. As someone who lives nearby I can attest that Rockford has been a sewer for at least the last 20 years.
What about all the of the surrounding areas that are being “inundated” by idiots living in Chicago? Why is it that just about no where else has this problem? What type of environment creates a factory turning out murderers?