“You didn’t have to be a wizard t.o see it,” Glennon said, recalling that warning signs were evident as far back as the early 2000s when state revenues faltered after the tech bubble burst. The fiscal trajectory of many major cities, he said, has long reflected a pattern of expanding government commitments without sustainable funding models. Full interview here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
I predict there will be a financial collapse of a taxing body or pension fund by December of this year!
Cannot wait for Governor Dabrowski to put so-called Mayor Johnson in his place. You can do it, Ted! Win this thing!
his place better be a jail cell next to JB, Lori, and Fauci!
As far back as, when did Madigan get elected?