-- 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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Why not let parents make the decisions on masks in schools and not CTU and IEA? We all know health and “science” is not in the equation. Everyone has access to the vaccine if they want it and kids are at a SUBSTANTIALLY low risk. I remember when we used to laugh at other countries that wore masks all the time (by the way they were communist countries.) Now that is IL. We need to stop the madness.