Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
Black voters apparently are too dumb to understand that the democrats are the new plantation owners.
Democrat policies are also turning off Latinos (not “Latinx” which is not even a real word) who object to Democrats border and social policies.
NO. Black voters will largely do what they always have, they know nothing different. Waste of time for any non-Democrat to curry the Black vote. Democrats know this.
You don’t need to win the Black vote to win the White House — all you need to do is shave 5 to 10 percent off the usual portion of the Black vote that goes to the Democrat.
LOL, every Democrat in Chicago clutches their pearls, gnashes their teeth and tears at their clothing when it comes to their own party: ~”How can the Democrats provide more for illegal immigrants their voters!!!” ~”Democrats are being mugged by the reality of their progressive values!” It’s such a paradox to them, because they don’t understand why their elected officials would do things so contrary to their voters interest, and yet they keep getting elected over and over again! NONE OF THIS MAKES ANY SENSE!!! Well, OF COURSE it makes sense, if you address the elephant in the room: voter fraud.… Read more »