-- 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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This is fairly common among museums because vacationers are typically less price-sensitive. The family from Pittsburgh is going to Adler whether its $180 or $220. He might skip an attraction/museum though if the costs pile up.
My last, and I mean LAST visit to the museum campus was disappointing. Kids running amok, damaging displays at MSI and totally ruining the experience.
I recall visiting MSI as a kid and when we returned to our classrooms we wrote about our experience at the museum.
Wonder what this generation of kids write about their museum visit. Those who can write that is.