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.
“I have every confidence that David O’Neal Brown will be the kind of leader who will continue our gains in fighting crime. Bridge existing divides between police and community. Embrace constitutional policing as a core ethos. And make the Chicago Police Department the finest in the nation,” Lightfoot said.
When you can stand there with a straight face and say this…you know we are in for a very long, very hard road. Exactly what gains ? Is there and media left that can even ask a single important question such as this ?