-- 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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Staffed by noshow jobs. Safe snd clean public trsndportation?WHAAAAT!
What’s gained by reopening city metal health clinics? SEIU has been trying to get closed city metal health clinics reopened forever. But what will staffing requirements be at soon to be reopened Chicago mental health clinics that these clinics will provide that aren’t already being provided by non-profits or CC Health at presumably a much lower cost? Will reopened City clinics provide licensed physiologists or psychiatrists? Will facilities have ability to prescribe anti-depressants, anti-psychotic, anti-addiction medications? Or, should we assume that all of these mental health services will simply be refereed on to CC Health or other contracted providers? Also,… Read more »