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.
Sure all these new covid/sjw-“woke” ordinances & regulations will be a HUGE incentive for investors to step in and relieve the racist systemic disinvested affordable housing shortage…and has there ever been a greater time to be a trial lawyer in the age of covid/ blm-“woke” chicago?