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.
How does our political leadership find these obvious losers, and why do they put resources into electing these kind of people over and over again? She’s a CPS Grad and has a Bachelor of Arts in justice studies from Northeastern Illinois University. I’m not saying one needs to go to a good college and have a degree to be a competent legislator, but it sure does help to have a decent education. She comes across as just a complete partisan hack and a reliable Democrat vote 100% of the time. Maybe that’s why they elevated her to Congress.