-- 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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Is this specific to teens or does it include young adults too. Asking for Lori.
The title should be “Parenting Gap in Chicago results in youth who are much more likely to commit violent crimes or be the victims of violent crimes”. Kim Foxxy and Lightfoot, and of course, the epitome of restraint himself, Jabba, your liberal policies that devalued the importance of standards, values, and personal agency are the cause for this. It is so very easy to understand. However, unwinding that which you have wrought may be impossible – especially as you double and triple down on these same failed, flawed policies… You and your ilk destroy so much without ever having any… Read more »
A little parenting would go a long way in some neighborhoods. Too many deadbeat daddies and baby mommas. But I know it’s really my fault, right?
South and West side communities produce sociopath teenagers who engage in violent behavior at disproportionate rates…Is prison the only realistic solution?