Public sector pensions are deficits and eventual bankruptcy are the result of greed and politics and not taxation. chicago is a poster child for the corruption

Public sector pensions are deficits and eventual bankruptcy are the result of greed and politics and not taxation. chicago is a poster child for the corruption that has created a system which will bankrupt in three years [1]. It was never sustainable but its continued expansion kept politicians in office. just look at the numbers in the story I linked, what reasonable group of people would have ever signed off on this? Chicago isn't alone. Its rampant. six figure retirements? no public service job warrants that. and it isn't just the public sector employees, there are story after story of city bureaucrats making a quarter million or more and that is just up front money. simply put, they control the piggy bank and they are willing to loot it for gains today because they don't plan to be in office when the bill comes due [1] https://chicagocitywire.com/stories/511130434-projection-chicago-s-police-pension-fund-will-be-broke-in-2021 https://chicagocitywire.com/stories/511130434-projection-chi...