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.
Someone should ask him if he misses Ken Griffin. You can’t tax a mega business once they’re gone peanut brain. What a simpleton.
“We do have to demand that corporations and billionaires pay their fair share,” (Conehead the Mayorbarian) said. “It’s the right thing to do.”
Thus the exodus of both. The rampant spending binges will haunt Chicago taxpayers for decades.
Potential Protests ??? That’s funny.
Perhaps at the DNC Convention the mandate from Biden-Harris to have state taxpayers fund full healthcare for illegal aliens can be discussed:
https://ago.mo.gov/attorney-general-bailey-files-suit-to-prohibit-obamacare-from-funding-illegal-immigrants/