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.
The democrats believe that they should not have to be voted into office. They believe that they “know” what is best and therefore it is beneath them to have to even campaign. Their “right ” is to be in charge and not have to listen to those that are voting them into office. The only ones they trust are their own ilk.