-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
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.
Full interview and summary linked here.
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The teams say it is only temporary ya right just like Pritzker’s EO’s so as far as I’m concerned I will not be treated like a second class citizen. Discrimination by the White Sox and Cubs, MLB has been on the decline for years this only seals the deal for me.
MLB is dead to me and probably many others around the country.
I’ve been trying to read about declines in viewership in 2021 and there are no stories about it; only one story that says Sunday night ESPN baseball is up and streaming is up too.
Which means if people are streaming, are they even watching? Are the team-owned networks keeping their numbers secret because viewership is cratering? Why not release the numbers? Why only the focus on streaming and ESPN?
The All-Star game ratings will be informative I suppose, as half the country tunes out.