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.
Seems it will be a ghost town.
Soon when you go to down town chicago,you will start to see broken windows on the floors above where rioters could not break.The broken windows will be from the neglect of being empty for so long.Go look at current pics of Detroit you will see what I mean.