-- 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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Early last week I encountered the problem detailed in the text of this NBC 5 story. The results page for the Walgreens web site registration process said that a first-dose appointment could not be booked because there were no second-dose appointments available. I’ll just call that a “logic crash,” because it doesn’t make any sense and that result is not otherwise explained. On the other hand, I found the Walgreens interface easier to navigate than the Illinois Dept. of Public Health (IDPH) web site (https://coronavirus.illinois.gov); so getting dead-ended on the Walgreens site took less time! Then, on the IDPH… Read more »