-- 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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This is nothing more than laying the groundwork for unionization. You think a tipped worker will vote for unionizing, what could the union promise them that would make them want to unionize? Now if they’re an hourly worker the union could promise them higher wages so they would certainly want to unionize. This is their plan more BLOODSUCKING UNIONS.
What’s next? Logging onto the IDES claims portal! There I fixed it.
Most of these progressive experiments will fail!
Here’s prediction: many ethnic “mom’n’pop” neighborhood storefront restaurants will close. Many chain restaurants will jack their menu prices up even further, though realizing their customer-traffic will continue to decline due to higher customer-tabs. High-end white-tablecloth restaurants, those with mostly expense-account white-collar businessman customer-base, will raise menu prices further, see some drop-off in customer-traffic, but likely remain largely unaffected. Lettuce Entertain You company’s Streeterville Beatrix restaurant at Northwestern Hospital still charges additional “Covid premium for waitstaff”, and a $5 “avocado” premium, plus MPEA’s own usurious “convention area” tax, so tab is inflated by 25% before sales tax and tip calculations. Beatrix’s… Read more »
Why bother tipping when your servers are making a very decent minimum wage? When you start to see the cost of menu items rise, you may start thinking less about eating out. Eating out will become an extravagance rather than a treat.
And unfortunately the shutdowns will come also, such a shame as to what is happening, but you vote for these assho-les this is what you get destruction. Maybe soon people will realize what Pritzker and his gang of thugs have done to this state, just hope it’s not to late but?
It’s difficult to comprehend and painful to accept, but the voters of IL want to live ia third world sheethole. This is how they want to live. They will turn Chicago into Lagos or Caracas and pat themselves on the back for doing a good job. Your white racist ancestors who built this city from scratch, and reversed the Chicago river, and built skyscrapers reaching far into the sky, they have been reduced to, and are regarded by today’s leaders as nothing more than racist colonizers who deserve to have their legacies destroyed, and from the ashes, a new BIPOC… Read more »
Right. Should there now be tipping at all in Chicago restaurants? Also, when you see the price of your meal just jumped 20 or 25 percent, you’ll be inclined to tip less or not at all, or eat in a suburban restaurant.
Blame BJ’s dime-store Marxist move when restaurants all over the city start closing