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.
Public employee unions attempting to take complete control of Illinois, and calling it democracy.
Since voters are the ones that decide if this amendment becomes part of the constitution then it is democracy. If it’s voted down then it’s also democracy. Either way the voters decide. Do the voters want unions to have more power in the state of Illinois? We will find out Nov 2022. Democracy at its finest.