-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Almost a year after vaccines rolled out and we’re still wearing masks. There are good treatments available now for people who do get the disease, and we’re still wearing masks. We’ve had paid contact tracers for over a year, and we’re still wearing masks. Those are the three things King Pritzker said would signal an end of lockdowns and mask wearing, and yet he holds on tightly to that mask mandate and wants to vaccinate children. The man is on a power trip.
He’s just doing what his constituency wants. He’s surrounded himself with people who think just like him and come from communities where there is 99% mask compliance. That’s why we have a mask mandate.
Get outside the dense urban areas and it’s mask optional. Even at local suburban eateries the mask “mandate” is an option.