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.
Unsurprisingly, WGN makes Trump the boogie man and ignores the blatant wasteful spending that has become our federal government. As taxpayers finally correlate the frustration of dealing with almost any government and state agency with wasteful spending of their money, the attitudes start to pivot to a reevaluation of how our money is spent. Taxpayers are allowed to expect more for their money than the politicians have permitted. Paying rent for half-full or multiple offices of the government that can be consolidated into a smaller footprint is just one more way the grifters in Illinois spend other peoples money. So… Read more »