-- 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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Who would want to vacation in a burned out city?
Who would want to vacation in a city where criminals are allowed to do anything to you they please and know they can get away with it, covid isn’t the reason for the empty hotel rooms.
Arsonists and felons.
Yea, OK. The Delta Variant is driving visitors away. Another appendage of the Covid scam. Goin to Chi, nay, they got that DV Rona. Covid will get the blame for the next fifty years! They’re that creative and cunning!