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.
There are so many vacant retail spaces , fitness centers, mall stores that I can’t believe they can’t find large open spaces to convert and use for housing. How dumb of a politician to take away services from their voting constituents to provide services to people that won’t be able to vote. Edgewater residents remember next election cycle.
They’ll remember to vote Democrat again! LOL (SMILEY FACE)
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