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.
The ICPSTUC (Idiot Chicago Public School Teacher Union) lives in another dimension, a 5th dimension called the Twilight Zone? Low scores are good, high scores are bad. 😨
Chicago voters don’t know how to get out of the TZ either! Doom is evident in this city! Sadly. 😳😳😳😳😳😳😳
I publish a short article for a number of regional papers about once a week. This is one of them. We will begin republishing them here, rotating the regional publisher.