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.
“He’s focused on creating policies for and with those in the community who are “never seen, are never heard and whose agency is never respected.””
Translation from Progressive Speak to English:
“I wasn’t elected to my office so I owe my constituents nothing. I plan on doing whatever I’m told to do by the Democrat Party of Illinois, to whom I owe my seat”
You’d think that pretty much every Illinois officeholder, almost whenever they speak, would be talking about total collapse of the city and state that is happening and what emergency measures can be taken to halt it. Yet they don’t, and it goes mostly uncriticized by the public and the press.
Because the press doesn’t think there is actually a collapse underway. And if there is a collapse, it’s not that bad. And if the collapse is bad, it’s totally necessary to ‘keep us safe’. Therefore, there is nothing to report.
Oh look over there, Ted Cruz is a climate change refugee!