-- 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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Seriously people – STOP BUYING MASKS! They are NOT effective in preventing general public from catching #Coronavirus
– former US Surgeon General Jerome Adams in February 2020.
Much as I’d like to see Pritzker overruled, this has become impossibly political. I expect each side will have experts who contradict one another. How have we arrived at the point where judges (and heaven forbid juries) are making decisions like this? Make masks optional for teachers and students (as decided by responsible parent or guardian). Then fire the teachers who don’t show up.
Key word “considering “