-- 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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This same “mandate” failed miserably at our publicly-traded, 1500 employee firm. HR and senior leadership bungled the language/rollout on Thursday and then couldn’t answer the tough but obvious questions that were elicited after setting a Sept 1 deadline. So Tuesday afternoon the CEO backtracked.
So everyone please keep up the vigilance in pushing back on this nonsense.
This is not about the vaccine. It’s the only legal way for the HR department to make an idealogical purge. Bye bye conservatives.
Crain’s has spearheaded this mission with this garbage. I love all these “pro business” publications that are truly just anti-everything.
It’s a zero blowback method to cull the herd. Sorry, no job!
It’s just easier that way. You know, saves the trouble of having to go back to full on segregation of workplaces/bathrooms/water fountains/etc. Just to recap: They don’t treat the flu or other types of upper-respiratory diseases the same despite being as deadly. They discriminate on the basis of whether you literally put your health in their hands. They believe your very existence, unless you do what they say, presents a danger to your fellow man. They continue to act at the behest of people/agencies/politicians who have demonstrably lied to them and don’t deserve consideration. We are moving into a very… Read more »
spot on!