-- 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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In a crisis where there are things that people and politicians can’t control, they look for things they can control even if it is only symbolic, thus the whole focus on poor-efficiency cloth face masks. Mask-wearing also has a virtue-signaling function to give the appearance of compliance and cooperation, even if in reality the environment or person is actually a risk to others. That being said, there are far more harmful “safety” restrictions that we need to worry about than face coverings. If giving people their security theater will let struggling businesses open earlier, I’m fine with keeping the face… Read more »
Our anti-science Dictator for Life disagrees. Maybe the dictator will stop the federal funding these scientists get
Fauci said a long time ago in March that you dont need a mask unless you’re coughing or sneezing
https://www.realclearpolitics.com/video/2020/05/12/flashback_march_2020_fauci_says_theres_no_reason_to_be_walking_around_with_a_mask.html
and now a 3 or so days ago he says you should wear masks in public… WTF?
https://www.youtube.com/watch?v=C_FWRVURT2s
does this moron actually know anything? why is the president listening to this idiot who is clearly politically compromised?
Ha! But JB’s health expert Pediatrician says otherwise.