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.
So now they’re going to teach looting , arson, assault and general mayhem ? Fantastic.
Illinois Democrats long ago decided who their voting base is, and it’s not the tax payers.
The fix was in on this a long time ago.