The potential positive economic impact of the Bears stadium is grossly overstated – Wirepoints on AM 560 Chicago’s Morning Answer

Ted joined Dan and Amy to talk about the problems and costs of the Chicago Bears’ proposed new stadium, why its unlikely to happen in its current form, why the ongoing wave of violent crimes makes residents scared of the city, and why the funeral of slain police officer Luis Huesca matters to Mayor Johnson’s reputation.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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