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.
This obviously includes the pot smoking black and Latino permanent victim class that Lori and Arwady continue to pander to.
Boy, they will try anything to get someone to be the guinea pig on this one…
So, so, so glad I got out of Illinois. No regrets at all. Each new Illinois headline reinforces my opinion the way people think in that state is messed up.