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.
#JournalismIsDead
Korecki has been a Pritzker and Democrat booster ever since her days at the Sun Times and Politico. If she and Pritzker think the voters in IL can boost him to the Presidency, once the full nation gets a look at him, his policies and IL financial conditions, reality will set in.
JB won’t play well on the national stage. Look how poorly all the hard lefties did in the Dem primaries in 2020, which is why “moderate” Joe Biden made it to the finish line in the Dem primaries. Illinois’ education, crime, tax, pension, anti-business environment and union ass kissing will sink any candidate from Illinois on a national scale. So JB can snipe all he wants at whomever he wants, it won’t make a difference.
Everyone thought Joe was moderate, good strategy hiding him in the basement. Now everyone knows the real Joe and he won’t have a chance. Hopefully Pritzker tries to run on the same woke platform as Biden. The more Pritzker speaks the more soundbites we get for political ads against him.