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 cares for the non-productive?
Good! People need to turn off the tube and stop supporting an industry dedicated to turning this country into an immoral progressive nightmare. You’ll be healthier and happier.