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Matt Jungmann, national events director for Farm Progress, inked a deal in the early 2000s that locked in 10 shows over 20 years, estimating that each year would have a $10 million economic impact. “Now we’re up to $31 million, and it feels good to more than fulfill the promise with our upcoming 10th show at the Decatur site,” Jungmann says. Farm Progress reached an agreement to keep the show coming to Decatur on a biennial basis through 2031.
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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