-- 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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I think they have significantly overestimated covid therapeutic demand for children. You’ll know this is the case when in a few weeks they start pushing the propaganda into overdrive. They’ll start speaking to parents with increasing anger, as thousands of the initial shipment remain unused. At the same time, they’ll be lying to the public about how popular the therapeutic actually is for kids. Even the moderate liberals I know, who were first in line to get their shots, don’t intend to therapeuticize their kids. But based on the demographics of Chicago children, and their parents who are likely unvaxxed,… Read more »