-- 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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Walmart left because of essentially ‘government sanctioned crime’, i.e. they were robbed blind. How does Ms Canty’s proposal change that?
First you tax and regulate businesses (grocery stores) out of existence? and then offer subsidizes to bring them back all while blaming the situation on some kind of systemic racial disinvestment bs? More equity Illinois style!!!
Don’t forget that a good number of those using SNAP benefits, “sell” their SNAP cards for 50 cents on the dollar – most often the money is used to feed an addiction…
Once upon a time people were expected to grow or buy their food. What happened?
Here’s a trivia question for you woksters. Who provided food to the Indians before Columbus arrived?
Today “food insecurity” more often than not indicates that those who live in “food deserts” are grossly obese and have a plethora of other issues, e.g. “being lazy”.
I just looked at the “food desert” map of my home county, Mercer County in western Illinois. The po’ white trash areas have a poverty rate of 23%. other parts of the country less than half of that. This is a sparsely populated rural area, but a grocery store or a convenience store is not more than 10 miles away for most everyone…
A ‘food desert’ where everyone is overweight, and there is plenty of food, its that no one wants to eat the healthy stuff. Do these people even know how to cook? My obese relatives living off the dole eat complete garbage. They frequently joke that they don’t cook, or don’t know how to cook. Well, 50+ BMI, pull out your phone and look up how to make Bean Soup, it costs $4, half the cost of a frozen pizza, and much healthier too.
You are buying the expensive frozen pizzas!
Illinois for decades got along without all the so called free food . Today we have food stamps (snap), WIC, school breakfast, lunch and take home dinners, food pantries and an assortment of charities that have food drives. How much free food is needed for the Illinois free stuff army these days?
These people have an ideological belief about stuffing constituents with junk food to keep them fat, unhealthy and compliant. Most of these people on the map live within 10 miles of a wal-mart with groceries. They ignore this to scream “food desert!”