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.
Progressive policies are the same old Russian wine in a new bottle, vintage 1917.
Don’t worry. You slaves will dutifully vote for more taxes. The democrats know that you are not smart. They know you will never ask the definition of “rich”. They know your attention span is that of a gnat and you will never ask what limits there are on them redefining “rich” to include you. In short the simps and slaves will get exactly what their masters say they will get. Has it occurred to you that they believe your money belongs to them and they get to decide how much of it you keep?