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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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“If somebody is going to put a drop box only in Democratic precincts, or only in Republican precincts, you can easily tip the scale of a local election. It is going to be very easy to use this process because we have no standards as to where these drop boxes have to go. An enterprising clerk can take advantage of this and tip the scales one way or another. That’s why we’re looking for standards. Imagine what’s going to happen if somebody does that. People are going to feel disenfranchised,” Batinick said.” Batinick, how about saying “This is a blatant… Read more »
How does drop box location tip the scales one way or the other? Please explain. And no one needs to use drop boxes as you can just mail your ballot to election officials.