-- 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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Jabba and the Democrats are trying to maximize economic damage because they think it will get them votes
This man has lied to every person in Illinois since the start. He is a blabbing fool and is so confused on what to do. You can see it in his face at his daily lying updates along with that smIrk he has on his face everyday, like my dad told me in my younger years wipe that smirk off your face or I’ll do it for you. As for capital fax get with it you think this man is god, no he is a jerk. This man will never ever get this state back on its feet, we will… Read more »
Here’s the IHME curve for IL. The expected death toll declined recently to just over 2,000, down from over 2,200. Presumably he’s looking at other data when making these statements.
https://covid19.healthdata.org/united-states-of-america/illinois
How does this model quantify the deadly incompetence of Groot and Jabba?
both 1 termers
This is good, right? We’ve flattened the curve well into May. Think of this as a moving mountain and at the start it was the Rockies with an aggressive spike and now it’s a hill with a slow gradual easy rise. The hospitals get overwhelmed if the curve looks like a mountain in the Rockies but should be able to handle a gradual hill…. that is unless all the hospitals not seeing any surge are bankrupt due to not being able to do kind of elective procedure. Can’t treat patients if there aren’t any hospitals open.
Well, in that vein, have you considered the non-fatal socio-economic harm arising from the rise in domestic violence, the rise in drug addiction, the delay in elective surgeries and screenings, and so on due to the economic shutdown?
Maybe it’s good not to have elective surgeries done .We are probably saving more lives by postponing. According to a John Hopkins Medical Center study anywhere from 250,000 to 440,000 people die a year from medical mistakes or 10 times the Covid deaths so far. It may be the 3rd leading cause of death behind cancer and heart disease. Almost hard to believe numbers.
Your argument relies on a flawed study:
https://sciencebasedmedicine.org/are-medical-errors-really-the-third-most-common-cause-of-death-in-the-u-s-2019-edition/
Good Article. The comments in that article provide many pros and cons to John Hopkins numbers. I checked on MRSA stats which is a hospital acquired infection and the death rate is about 20,000/yr just by itself. How many others? My wife had a severe reaction to contrast dye during from an MRI and almost died. I think it was gadolinium. When I was in the hospital 10 years ago my meds were given to a patient across the hall when and luckily I was walking by with my IV bag and when it was my turn I asked the… Read more »
That’s nonsense, there’s not 41% of asymptomatic spreaders having heart and lung damage. Anywhere between 30-50% have nothing at all, just a positive test. And perfectly healthy people are suffering too – they have no money, they have no food. we can sit here on our computers and ride this out with little financial consequence but most people cannot.