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 University of Illinois most assuredly wastes millions upon millions of dollars every year. If the soybean lab is so important, then they should fund it by reducing the number of useless administrators they have and by defunding their DEI programs. If they keep the useless administrators and DEI programs and let the soybean lab close, well then they are making a conscious choice that soybeans are less important than their grifting enterprises. They can then explain to the African countries that the U of I lefty agenda is more important than red leaf blotch disease. Sucks to be you,… Read more »