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.
Sims spouts this even Illinois economic growth lags far behind other, more responsible Midwestern states. This budget rewards the friends and pals, while the chumbolones have to do with less.
The spending rampage rumbles on.
Somebody should get Elgie Sims to a doctor immediately. He has obviously suffered brain trauma.
and if you believe him I have ocean front property in arizona and nevada for sale
“Illinois is on the right track.” How can that be, with Illinois’ huge, crushing, off-the-chart debt and continually new and increased taxes and fees? When these IL pols leave, retire, die, or otherwise vacate their jobs, will they care about the desolation they helped to accelerate?
A Progressive Utopia is like the Field of Dreams: If you build it, they will come. And in many ways, this is true. IL has built a progressive utopia, and the poor, uneducated and illiterate unmarried military aged men are showing up by the hundreds of thousands to live for free in shelters.