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.
Waste of money. All it is is more taxpayer bribes to people of color affected by systemic racism and to buy dummycrat votes. It’s time these idiots realize that art, acting, comedy, bartending, waitressing, music and community activism is not a sufficient career path and should not be subsidized by the hard working taxpayers.
Who gives a sh-t