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.
Every metric I’ve seen shows new construction and home building in IL lagging far behind other states. How many of the illegals are able to afford new homes and there’s certainly not a lot of affluent middle class moving in looking to buy. Another fool’s pot of gold to increase revenue along with gambling and pot.