-- 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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Sure, go talk to that gang of psychopathic 22 year olds, high as a kite, armed to the teeth, intent on killing their rivals for glory… like they gonna listen to some old man who says “stop the fighting, son!”
You’ll really make history if you’re the first violence prevention worker killed on the job.
It’s going to take a lot more than a training class to try and turn the tide on this issue. The interesting point for me is the reference to all that Federal Covid money thrown at organizations that had no business having it. That was part of the Biden trillions just thrown away, ruining the economy. It solved none of the problems that it was supposedly aimed at addressing. It did cause runaway inflation though. Joe did that!
So, is U of V getting in on the cities anti-violence funding?? Article doesn’t state??