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.
These are our best and brightest? Hit the gas. See if they learn anything.
Real smart. Create a traffic jam causing vehicles that burn the fossil fuels they hate so much to.. burn more fossil fuel.