Illinois restaurants, bars take brunt of job losses amid harsh lockdown – Illinois Policy

Although the unemployment claims data appears to be improved from the past couple of months, Illinois’ economy, which lost nearly 800,000 jobs at the peak of the crisis, is yet to see any substantial jobs rebound.
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debtsor
5 years ago

And we wonder why the unemployed baristas and servers are painting ACAB in streets.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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