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.
Stop asking and ignore the fat Dictator’s edicts
Those Mayors are as blue as they come despite many claiming to be not to be aligned with a certain party. One has to wonder if the voters, recognizing the financial peril imposed upon them by Pritzkler, will vote blue again.
My guess is they will.