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.
Hysterics pounding on that trusty moral outrage button that used to get them what they wanted. They are too stupid to understand the batteries are dead, no matter how hard they push the button.
100% Correct. The made up BS about families crying. Pritzker is laughable and desperate at this point. Extreme progressive policies are so passe!