-- 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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That was the was of the stupidest articles I’ve ever read on this topic. Poverty has always been with us and poverty doesn’t equal violence. Also, Sharkey is a professor at Princeton and this is the best he can come up with. The problem, as I see it, is the Criminal Justice system as a whole. The police have pulled back enforcing the law because: What’s the point? City leaders attack the police for arresting offenders. State Atty’s and others let them go. Judges put violent criminals on electronic monitoring. Jury court record are expunged. CPS graduates with failing grades.… Read more »
Could the Democrats being soft on crime and hard on police have anything to do with the surge in crime?
Perhaps a more rational look at recent crime statistics and no need to jump into draconian solutions that won’t work.
https://www.cato.org/blog/man-hammer-every-criminal-justice-problem-looks-nail
Interesting article, thanks for posting it. I am generally libertarian in outlook, and don’t applaud locking people up just on theories that don’t have supporting evidence. But what seems to be lacking is any proposal for what is both legally and morally sound, and will actually work. I understand it is only anecdotal, but I am tired of hearing of violent crimes committed by people who have arrest records a mile long, and have been continually let out to violate again. Over-incarcerating may not be the answer, but neither is believing that we just have to keep “investing” in communities… Read more »
There is an exponential rise in political crimes and crimes against the constitution and total lawlessness where the Democraps rule.
Its because of global warming,caused by Trump
With Kim Foxx as States Attorney, is this really a surprise? Foxx might as well be working as a Public Defender. When there is no penalty to crime, crime goes up. Duh!
Just think how bad the crime stats would really look if you actually arrested, charged and incarcerated the real domestic terror groups like ANTIFA, BLM and the rest of the Alinsky-Trotsky-Obumma-Ayers-Dohrn demon spawn for the riots, crimes and destruction they perpetrated on this country. You know, instead of giving them a hug, gender re-assignment surgery and a couple of $1400 checks.
Liberal policies bring liberal results. Democrats, destroying one town, one city, one county, one state at a time. Welcome to the Purge!
Golly. You de-fund and demonize the Police, release criminals back to the streets without bond and crime skyrockets up. Whoda thunk?