-- Connecting the dots between our economy, government and business --
Public health officials scrambled to update directives as more was learned about the virus. Gear shortages forced new rules on how to use equipment longer. And there was the sheer challenge of regularly contacting nursing homes to push advice and assess conditions.“With 200 of them (in Cook County), it gets overwhelming very quickly,” said Dr. Demian Christiansen, who heads Cook County’s Communicable Disease Prevention and Control unit.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER