-- 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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I doubt that any Covid stat is reliable, from vaccine effectiveness to cause of death. Too many entities with an agenda.
I also find it disengenuos that the health care industry laments personnel shortages while dismissing health care professionals who refuse the ‘jab.’
THEN, allow jabbed COVID positive employees to work with patients. Huh? This isn’t about health care anymore, is it?
In normal circumstances this ind of duplicity wouldn’t be tolerated – but thanks to the fear porn and mass hysteria, you can now.
I wonder if faith in the NIH, CDC, NIAID, FDA, etc. will ever be restored.