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.
WOW, is THIS ever a pattycake opinion on Mayor Lightfoot !!!!!
Generalities in the opinion, but no criticism of irresponsible governing,
not just allowing looting and violence, but almost encouraging it by the
malfeasance.