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.
Do the increased resources include more police?
Does that include legal drugs? Prescribed drug deaths are around 128,000 ranking 4th tied with stroke as a leading cause of death. It does not help that tax’s are so high on cannabis. Cheaper to buy it from a drug dealer.