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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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We’re the two year olds mutual combatants?
Pacifier to pacifier combat.
Every single weekend in Chicago there’s, what? – 8 or 12 people shot – or is it 15 to 20?
I don’t think this gets better, no matter how many tax $’s are spent with ‘community agencies,’ unless the solution also includes more sworn law enforcement, and courts that don’t pretty much turn anyone loose for having been accused or convicted of almost anything.
HeyJackass.com
@w_h_thompson
Side note on yesterday’s 10 homicides: In our 10+ years of daily tallying, there have been only 3 (now 4) days that have recorded 10 or more homicides: 6/27/20: 10 killed 7/4/20: 11 killed 5/31/20: 18 killed
12:38 PM · May 28, 2023
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https://twitter.com/w_h_thompson/status/1662876105471082504?cxt=HHwWkIC2wb7A3JMuAAAA
I wonder, are the injured and the families of the dead consoled by that 9% drop in shootings?
Asking for a friend.