-- Connecting the dots between our economy, government and business --
“There’s too many opportunities for chaos that to be closed seems easier for our patients as well as my staff,” said Stephanie Wolf, owner of Vitahl Medical Aesthetics. As it did during pandemic shutdown, the spa plans to remove merchandise and board up its storefront during the DNC as a safeguard. “Chicago is just unpredictable,” Wolf said.
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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Boarded up businesses isn’t the look Jabba and Brando are looking for is it? No worries, mainstream media will never show it.
You are so right. Nor will the media explain how this Democrat controlled city brought this on themselves.