-- 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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What we really have is kids without their fathers in the home which will lead to a shortage of material things and a surplus of bad consequences. There, I fixed the headline.
I don’t understand how kids these days can be so fat yet be ‘food insecure’. Regardless, I spent a few moments using streetview on google maps to look around the towns in the various rural counties, listed in this article, and they are sad, depressing places. Small town america has a feeling, a vibe, an atmosphere, a feeling that you’re apart of American. I’ve been all around the midwest, been to many small towns to vacation, for business, for events. But IL’s small towns look as run down as Rockford. Carlinville looks awful, marion is a dump, the only business… Read more »
Have you ever been in Frankenmuth,Michigan? Now that’s a small town atmosphere Bavarian style. Fantastic food all around town.The worlds largest Christmas store and the best chicken dinners you’ve had.
https://www.frankenmuth.org/ check out Bavarian Inn and restaurant’ menu. Yum!