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.
Everyone ignores that importing tens of millions of illegal and packing them into the country’s cheapest and most affordable housing drives up prices for everyone else. It’s economics 101 – high demand and limited supply means higher rent prices.
Giving them free money for rent is another factor that causes higher rent. I’m guessing less that 5% of our elected officials ever took an econ class.
Bobby Pete, there’s also very few that ever owned a private business let alone worked in the private sector. BJ is the poster child for argument.
6 figures and never produced things or a necessary service….
These areas don’t need more affordable housing, AH is a liberal scam to enrich their donors, we want homes, we want the American dream, not to live and die in a housing project!!!!
STEP 1
Defund the illegals