"Just as Chicago reels from a spate of shootings and carjackings, inequities exacerbated by the pandemic and high-profile corporate departures, its pension gap creates a financial burden that threatens its recovery and the mayor’s agenda. The situation makes for a cautionary tale for municipalities across the country facing long-neglected contributions and funding shortfalls."
“…Johnson plans to hold town hall meetings with constituents to get their input for his first budget, which will have to take the pension predicament into account. A failure to shore up the pension system could have ripple effects beyond city limits: Illinois Governor J.B. Pritzker said in an interview that he’s eager to help Chicago with this issue because it’s “the economic engine of the state.”” Simple solution, just do what JB does when he’s asked about Illinois’ pestilential pension mess. Dance accounting angels on the heads of pins, declare ‘victory,’ and pretend it’s problem solved. Sadly, most Illinois… Read more »
Da Judge
2 years ago
Consider da Dems pols in Sheeetcago and their masters da public sector unions like a Black Hole.
How do you stop da Black Hole from sucking in more and more of your wealth via high and higher taxes.
Get as far away as you can from it.
Illinoisans, vote with your feet and flee da Illinois Black Hole!!
Giddyap
2 years ago
This is what happens when socialists run our of other people’s money.
“…Johnson plans to hold town hall meetings with constituents to get their input for his first budget, which will have to take the pension predicament into account. A failure to shore up the pension system could have ripple effects beyond city limits: Illinois Governor J.B. Pritzker said in an interview that he’s eager to help Chicago with this issue because it’s “the economic engine of the state.”” Simple solution, just do what JB does when he’s asked about Illinois’ pestilential pension mess. Dance accounting angels on the heads of pins, declare ‘victory,’ and pretend it’s problem solved. Sadly, most Illinois… Read more »
Consider da Dems pols in Sheeetcago and their masters da public sector unions like a Black Hole.
How do you stop da Black Hole from sucking in more and more of your wealth via high and higher taxes.
Get as far away as you can from it.
Illinoisans, vote with your feet and flee da Illinois Black Hole!!
This is what happens when socialists run our of other people’s money.