-- 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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The Sun Times must not realize that theories are proven wrong all the time.
CRT is nothing more than abject racism, plain and simple!
I did not realize the National Urban League had bought in to the newly created fake narrative so completely, and is pushing it this strongly. I guess I have to thank the Sun Times for increasing my awareness. That the CEO writes an article this blatant should drive all to be very skeptical of Urban League views. There is no tone of coming together to be found from them.
When your argument on every issue is racism or white supremacy, you are a beacon of ignorance