Yelp releases dismal report on business closures in Illinois – Center Square

Norma Lansing, president of the Effingham County Chamber of Commerce, said her area has fared okay with business closings with just a few, but one local business recently closed up shop because the pandemic has changed the way we do things. “Most recent ones like the Family Video store and they specifically said it was pandemic related. People are now using streaming services and people have not been able to get out and about.”

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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