Push to slow increase of Chicago’s subminimum wage fails – Chicago Sun-Times

Johnson has now issued three vetoes in three years and made all of them stick. The first killed a snap curfew ordinance. The second killed a proposed ban on the sale of most hemp-derived products in Chicago, and the third killed efforts to freeze the hourly pay of restaurant servers, bartenders and other tipped workers at 76 percent of the minimum wage.
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Free at Last
1 hour ago

Really good news for Chicago’s Restaurant scene. Higher wages for tipped workers means lower profits. Should put the nail in the coffin of dozens of more Chicago Restaurants. More people out of work. Or you could just stop tipping in Chicago.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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