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.
Could it just be that voters are not buying what certain politicians are selling?
Good. This what happens when lackeys who hustle the voters are not given ghost patronage jobs as a reward.
That gap has been filled with progressive non-profits and political orgs that had been traditionally shunned by the Democratic establishment in the past. Progressive groups are exploiting the gaping organizational hole left in Madigan’s absence. Candidates like Villegas that benefited from Madigan’s machine, who basically ran their campaigns on overdrive, now have to put in far more effort than they had in the past.