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.
More factual numbers for Governor Rotundo to deny. Too bad the overwhelming percentage of Illinois residents will never know the truth, as their relied upon media sources won’t say a negative thing about Pritzker’s reign of terror.
This the goal. Communists hate business.