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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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Nice. We expect this tripe from the failing pamphlet that used to be the Sun-Times. Amid the ongoing crime wave, induced at least in part be the Cook County non-prosecutor Kim Foxx, and with police morale at an all-time low, we are expected to bend the knee once again to the thug element in Chicago. The result of all this equity, light-handed policing, and revolving door justice is the loss of Chicago itself. I’m not sure it can be brought under control. It certainly will not happen with Soros’ choice as Cook County States Attorney. God bless our police. We… Read more »
Next they can recite the history of racism and the Democrat party.
Pointing out that the Democrat party has a 200 year history of slavery, segregation racism is one of those painful truths democrat voters can’t handle. They will *always* block you on Reddit or Twitter, or freak out in some way saying “But now they’re Republicans!”. It’s just too painful for them to internalize.
100% for sure. Cops got away with murder.