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.
Isn’t this similar to what happened when Skynet was activated in Terminator. The robots became self aware and they decided even they could not live in Illinois due to high taxes and political shenanigans. They packed their circuits and moved to neighboring states.
They operate similarly to politicians…
They make a lot of noise, but don’t actually do anything…