-- 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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The shame is the policies that put infected people into the homes. Pure evil.
And of course, it’s the Feds that have to shoulder this? Not the states that caused this?
“Nursing homes that care for significant numbers of African Americans and Latinos have been hardest hit, though for reasons that are unclear.” vs. the headline of the editorial: “Our national shame: COVID-19 in nursing homes” Shame? I feel no shame because you can’t even identify why elderly minorities have been the hardest. But the implication is clearly RACISM. But this is just another lie by a liberal left wing rag looking to push a narrative to its readers, and make them feel better. Everyone knows why elderly in nursing homes died the most: BECAUSE DEMOCRAT GOVERNORS SENT those infected with… Read more »