-- 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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Robot servers and kiosks will be the near future for many restaurants
https://www.fastcasual.com/blogs/10-robots-automating-the-restaurant-industry/
As for the crime problem here is the solution: GORT
https://www.youtube.com/watch?v=K6iF5sINVns
End Of Tipped Wage That Will Lead To Reduced Hours For Workers, As Well As Layoffs, Restaurant Automation And Even Closings