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.
It’s because of systemic racism.
Oh come on that cannot be true,governor chuckles the clown states the folks at IDES are working very hard and long extra hours. One word governor chuckles BULL—IT