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.
Hopefully King Pritzker follows Cuomo out of office. He welcomed the power grab that Covid allowed, and he’ll do everything he can to hold onto that power. The endless mask mandates only served to crush the Illinois economy. What a failure.
Pritzker was a failure because he played monkey see monkey do. Pritzker is like the picture a bad apple from start to finish he will be the next governor in a long list to go to prison.