An article at Business Insider proclaims Chicago as the Second City once again and not in a good way. Chicago, after Philadelphia, is the city whose city employee pension plan is most likely to run out of money. Read it and weep:
Unfunded liability: $44.8 billion
Unfunded liability per household: $41,966
Solvency horizon: 2019
Ahhhh good government. Good policy. So easy to obtain.
Dave,
I know you recently finished an addition on your home, but maybe now is a good time to start thinking about moving west or south.
Just not west to California…we have the same problem state wide. Yippeeee….hurray for big government.