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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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=As of Nov. 2019, Bloomberg admits that it engages in bias by omission with a Lean Left bent. Mike Bloomberg, New York City mayor and founder of the financial software company that owns Bloomberg, officially entered the 2020 Democratic presidential race in Nov. 2019. According to a memo sent to editorial and research staff obtained by CNBC and verified by a Bloomberg spokesperson, Bloomberg News announced it would refrain from investigating Mayor Bloomberg and his Democratic rivals.= Bloomberg Media Bias | AllSides However, Trump did not really address massive deportation, he shied away from that important question. And yes it needs to be done with a… Read more »
I haven’t the patience to watch the whole thing, but it appears Trump believes in restraining international trade, so Americans get to do more work here for less benefit. He might want to learn about comparative advantage, or perhaps isn’t really interested.
I wouldn’t call putting us on an even footing restraining international trade.
It’s amazing how ones patience gets exercised pretty quickly when the message isn’t something they are interested in hearing.
Yep. Bloomberg Editor-In-Chief John Micklethwait was the proverbial one-legged man in an ass-kicking contest. Kamalala could never handle the questions that President Trump did and he made it look easy.
The media is utterly useless and Micklethwait personifies their incompetence nicely.