Day: December 21, 2018

Seven reasons why Mayor Emanuel’s proposed pension plan fails

The good: Rahm Emanuel’s new pension plan includes a call to amend the pension protection clause in Illinois’ constitution. The bad: other than that, Emanuel’s proposal is a litany of wrongs, many of which are the very ones that created the fiscal crisis that has crippled Illinois, Chicago and most of its municipalities.

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Heed Emanueal – City Journal

The more troubling that the fiscal situation in Illinois becomes, the less levelheaded local officials sound about facing up to their problems. That was evident last week, in the reaction that incoming governor Jay Pritzker and several Chicago mayoral candidates had to a speech by outgoing Chicago mayor Rahm Emanuel on the state’s deep pension problems.

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