[W]ith respect to state and local public pension plans in the most-indebted states, that is, Illinois, New Jersey, and Connecticut, and the most-indebted cities, such as Chicago, I’m going to go out on a limb and predict that . . . precisely nothing will happen.
Oh, sure, folks like Gov. JB Pritzker in Illinois will take some actions that they will claim have solved the problem, or at least take credit on what they’ll call a down payment on a solution.... Whatever it is, it’ll be a farce rather than a true solution.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.