-- 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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Why would anyone want to be a police officer today? Talk about a job with no upside but HUGE downside. In a city where there are cries to remove police from unsafe schools, all cops are bad, defund the police, and with Foxxy in charge, it is hard to think of a more asymmetric gig… All downside and no upside.
But, in our lib-goof city, these truths will never be spoken aloud… The woke-ist, moronic left would target any who speak honestly.
Unless you plan to file an insurance claim I can’t see any reason to file a report over the phone. I would guess the clearance rate on those crimes is close to 0%.
Welcome to democrat, liberal Chicago. Hope you enjoy woke crowd!
mmmm sounds like the woke are getting a preview of what a defunded or abolished police force feels like. And it didn’t take them very long to not like it, you would think they would be celebrating based on how they talked about the virtues of defunding. As policedefunding goes down, the need for an armed citizenry increases.