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.
Funny how the student protests stopped when the school year ended. Protesting is often an act of convenience.
By their nature, paid agitators are averse to uncomfortable conditions and choosy about the time, place and climate as to when to proclaim the truth that supposedly needs to be told 24/7.