-- 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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While children under the age of ten can be infected, they are very unlikely to be harmed by it. Further, the evidence we have shows that they are very inefficient at transmitting the disease to other children or adults. This is why the people who follow the legitimate data and science in Europe are re-opening day care, while Pritzker does whatever the heck it is he’s doing.
https://news.sky.com/story/coronavirus-no-child-known-to-have-passed-covid-19-to-adults-global-study-finds-11981111
https://dontforgetthebubbles.com/the-missing-link-children-and-transmission-of-sars-cov-2/
https://dontforgetthebubbles.com/evidence-summary-paediatric-covid-19-literature/
https://www.rt.com/news/486458-france-coronavirus-kid-no-transmission/
There will be a number of childcare operators that will not survive. One of our well capitalized childcare operators is expecting to make an acquisition push soon. I don’t think Illinois cares so much about that the private daycare industry. It gives them an opportunity to transition them to public daycare.