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.
Ignore this communist fool.
These are dangerous times in Illinois. Not from covid, but from an angry, hateful Dictator with unlimited power and no checks or balances who is seeking revenge on the people who dare to not bow to his every whim
They are not unlimited powers. The republicans who hold office are without a spine.