-- 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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Gosh, at that rate, it will take more than 1.5 years to get to all Illinois residents. Where is the vaccine going? When will there be a schedule. When will the State engage private business, Osco and CVS to get this done? Sheesh.
Lori said the six mass vaccination sites will handle up to 25,000 people a week. That’s pathetic. Everyone complains that the FL vaccination process was a failure…yet they’re actually vaccinating people. Unlike here, where the checklists are so onerous that so few actually get the virus. It gets caught up in the bureaucracy. I say just give it to people that want it. End of story.
Agree you either get it or you don’t just open it up to everyone