-- 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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Unfortunately that will not last long because of course they found a new variant called deltacron. Mask wearing and endless boosters to infinity and beyond. Enjoy the brief reprieve. This will never end.
https://www.yahoo.com/finance/m/d977d3de-d48b-3301-bdcf-f09bc3b978cb/fully-vaccinated-will-need.html
Expect a very slow uptake on going mask-less. There will be plenty of passive-aggressive social pressure to either keep kids in masks or have them feel guilty about taking them off. And they will spread stories of the mask-less bullying the masked and not say peep about vice-versa. It’s been a propaganda machine for this long, don’t expect them to stop now.
Expect CTU and other Branch Covidians will claim victory with something like “the vast majority of students willingly decided to continue to wear masks after the mandate ended.” It’ll be a hollow victory, and a short-lived one.