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.
Old Town – Sunday 8/23 – a small shootout… Can’t imagine why anyone wouldn’t come here… Such a great place to visit… If you own kevlar.
On tourism I am afraid the fat lady has started to sing, on Illinois’s financial situation, she is clearing her throat.
All will be revealed in only a matter of time…tick tock tick.
God Bless America.
Note that the drop in tourism is blamed entirely on the pandemic. No mention at all of the rioting, looting and other recent mayhem as a possible reason for people being reluctant to come here.
I noticed a similar omission in a radio story I heard today.
Do they really think that, once the pandemic is over, everything will be OK and people will come flocking back to Chicago?
Totally true statement. Thanks to lori and the Democrats for allowing the domestic terrorist Marxist blm organization to do anything they want. She has empowered them.
Chicago tourism is done forever