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.
“When I started this job in 2013, that diversity was not there. And it was quite impressive to see.” Note to Speaker Welch: It still isn’t there and with your constant pursuit of diversity of window dressings, it never will be. The only diversity that matters is diversity of thought. There is none of that in Springfield, as the Combine running Illinois into the ground continues to pat itself on the back for the state’s sagging fortunes. The Democrat stronghold bleeds residents every year and soon its tax base will markedly shrink to the point that the diverse Dems will… Read more »