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.
I guess the priority is handing out money instead of using the money to combat crime.
Let me guess.
The rebuttal would be the additional money means they have less incentive to commit a crime.
The new slogan of this program is going to be, “Open Window, Throw Out Cash”.
To all POC white people need not apply.
At you required to be unemployed to collect unemployment payments? Or just unemployable. Also can I get in the $500 if I don’t live in Chicago?
I think this is a good thing. $500 a month comes out to $6000 a year or approximately $3 an hour on a 40 hour work week. Maybe some folks that were trying to find an $18/hr job may take up that $15/hr job now or maybe they already got that $18/hr job and the extra $3/hr is going to help them make ends meet.