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.
Consider da Dems pols in Sheeetcago and their masters da public sector unions like a Black Hole.
How do you stop da Black Hole from sucking in more and more of your wealth via high and higher taxes.
Get as far away as you can from it.
Illinoisans, vote with your feet and flee da Illinois Black Hole!!
Johnson et al didn’t ‘sidestep’ explaining how they’re going to pay for everything they promise. They absolutely, 100%, ‘no doubt about it,’ deliberately decided to avoid talking about it. Because they haven’t a clue about how to do it. Not one. They’re all woke, progressive, vaporous nonsense ‘hat’, without a single ‘hooves on the ground’ cow in their pasture. Look good in pictures though. Everyone wearing a sharp suit, big smiles, patting each other on the back and fist-bumping one another for doing such fine jobs. What the heck, that’s just as good as figuring out how things actually work,… Read more »
With city bankrupt and all the fed Covid “free stuff” $bucks running out, I’m sure, amongst this giant list of aspirational progressive platitudes /wish list all that will be launched instead will be minor token pilot programs for a few $bucks to satisfy the libtard folks who voted for CTU/Brandon. But most importantly, these token progressive feel goods will provid cover while CTU and others can reap $giant$ pay & benefits in coming years as usual…