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The epicenter of the coronavirus outbreak is 7,000 miles away, but fear of the illness has turned Chicago’s Chinatown into a veritable ghost town, with customers staying away in droves, leaving some restaurants and businesses nearly empty during lunchtime this week.
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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Come on people, this is ridiculous. There is no risk there. Chinese restaurant owners across America are getting hurt by this and it shouldn’t be.
You’re right. Maybe I’ll stop down there tomorrow afternoon to grab some lunch. I’m feeling a hankering for fruit bat and snake soup with fried pangolin shells. That being said, not sure if its entirely misplaced corona virus fears, or maybe, a realization that some Chinese food at dim sum isn’t as appetizing as it once seemed. This, of course, and the double murder mugging over the weekend, where the poor unfortunate chinese tourist hid under her car as a convicted felon, on probation and home monitoring at the time, shot and killed her husband and his best friend, leaving… Read more »