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.
Who in their right mind is going to build a house or business on a lot in a municipality rife with crime and corruption by officials that seem more concerned with being on social media and spending money on themselves than serving the people?
Here’s a solution; stop voting for Democrats.
That’s my motto also…..wish it worked…..but they keep getting put in
End all pensions and wait 30 to 50 years for them to finally be paid off.
Otherwise leave the state is the only answer. Stay and taxes will continue to rise forever.