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.
So when will ‘enough be enough’ to get people who vote these Leftist lunatics into office to stop doing that? It took years of malfeasance by Chicago Democrats and derelict Democrat Mayors to get Chicago to the point it is now. When the shine is off the Loop, will it be to late? There is no real reason for LaSalle and Wacker to exist in a Covid world. Maybe people and companies will decide to just stay away and not return?