-- 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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I thought contact tracing died of neglect. The concept is absurd.
Contract tracing only gives Jabba the data for another hard lockdown. This man cannot be trusted with a toilet brush much less coronavirus policy.
What about Contract tracing system? All the public contracts are made with no public scrutiny or media coverage. Having some transparency or at the least some heads up to see what it will cost taxpayers before a contract is ratified. Same goes for the legislature when a last minute budget is presented so very few have a chance to look it over.
Are we still wasting money on this? This is another huge waste of public funds by Jabba and crew. Does he have an ounce of functioning brain matter inside that gigantic head of his? Contact tracing simply doesn’t work in today’s world, and with the omicron variant, more people will have it and not bother to report it, or even know they have it. Show me proof that contact tracing has worked to slow the virus in any way Jabba.