-- 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 in their right mind would want to work in Downtown crime ridden Chicago. Getting there on public transportation is a risk no one should take.
Smart people move out of state or work remotely.
Ken Griffin moved and some of his people work remotely from Illinois.
Many more offices will be closing as their leases end. This is an economic nightmare come true.
Penny pinching Pritzker wants to bring 10
Million worth of activities into the loop
While the punks can rob and steal cars not
To mention stealing from stores worth at least 30 million. Net loss to loop 20 million.
Way to go Penny, did you take advice from
Your brother, Mr Bungles on this one?
…because nothing is more like working at home than fighting crowds to work downtown.
Exactly, Navy Pier is a real PITA to get to. Why would I want to go there to work on a laptop?
Plus which, Covid put the kibosh on the whole “co – working” thing which started about ten or so years ago. Work – wise, “there’s no place like home”… they might as well be “”promoting” dial phones or high – button shoes, lol…
Because you will have the front row seat for the air and water show I’m guessing.
Please see article on Dolton carnival shooting gallery, sit behind a big person
For your safety.
Someone must have mistaken the mayor flashing her nails as a gang sign.