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.
You can pay for excessive pensions or you can pay for excessive services but eventually you run out of other people’s money.
Treat them nice as they are the future of Chicago.
Everyone else is running for the exit door.
The correct phrase is: Criminal Illegal Immigrants. They will be deported.
These people are being housed one way or another with taxpayer’s money that would be better spent on lowering the pension shortfalls…
maybe open up the Old Navy and all the other empty storefronts on mich ave as migrant/ homeless shelters? Isn’t it the only equitable thing to do!!
but seriously, I can think of numerous state & city facilities in my nw side neighborhood that sit empty or are only minimally used….but I’ll keep my mouth shut—I don’t want anybody getten any ideas, don’t want my nimby neighbors getten upset
Spot on. Repurpose State Street into public charge housing.
JB, why don’t you house them in Hyatt hotels?