-- 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
This food allergy thing is kind of out of control. I certainly believe that there are food allergies. That I don’t doubt. But the incident of food allergies these days seems a bit suspicious. The people I know that claim their children have ‘food’ allergies are always the wackiest parents that have all kinds of other weird issues and beliefs going. I can’t explain it but its almost as if food allergies for many parents are a belief system rather than an actual medical condition. And honestly, I know we live in a democrat state, but I’ve never met a… Read more »
“Sesame is an important global allergen affecting ~0.1% of the North American population.”
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5414576/
Sesame allergy: current perspectives – 2017 (Adil Adatia, Ann Elaine Clarke, Yarden Yanishevsky, and Moshe Ben-Shoshan)