-- Connecting the dots between our economy, government and business --
The CTA this week said it is losing more than $1 million a day as normally packed rush hour buses and trains roll around the city carrying little more than the operators behind the controls. Ridership is down 70%, and Metra is faring even worse.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
A bit of cognitive dissonance — stay 6 feet away and ride the bus. I expect if they stopped the buses to preserve social distancing, the drivers would have to be paid anyway. Might save on fuel but the major costs are likely to be labor and administration. There is a social welfare network in place with unemployment insurance and food stamps etc. That network involves a careful balance between the interests of those who pay and those who receive. As we pay public employees for not working we totally disrupt that balance. Fair or unfair, that network was established… Read more »