-- 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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From what I have read in articles quoting medical officials in Africa, the omicron variant may be more easily transmitted, but it is also less virulent. The media in this country rarely mentions that second piece of information. I wonder why?
Just in time to interfere with the 2022 elections. Go figure…
This article badly overstates it. The preliminary evidence reported from South Africa that I have seen is that prior infection provides LESS protection against Omicron, but not none. See https://abcnews.go.com/Technology/wireStory/study-suggests-past-covid-infection-fend-off-omicron-81539019. And the evidence is preliminary.