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.
Brilliant idea. Let’s give tax payer money to people who want to sell marijuana. Let’s throw tax money out the window by giving it to politically connected individuals so they can sell marijuana which is still considered a federal crime. Let’s apply the racist outrage to throw tax money at the certain ethnicity that has had billions of tax dollars wasted on them already. When will it stop? Never.