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.
Sounds like a lovely project. Will any of the social justice warriors stop to wonder how black families were doing well enough in those years to afford home movie cameras? And filmed their vibrant community life?
It was before government social programs destroyed the black community.