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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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The author reminisces about the alleged good ole days of unions (picnics and whatnot), but how many people of color were denied union entry in those good ole days? How many Black men couldn’t get anywhere near the trades because they didn’t know anyone and backdoor blacklisted? The myth that unions were some big melting pot of workers holding hands is the worst. Sure, maybe minorities could land a union job on the Hostess factory floor, but not the plumber/electrician/carpenter/crane operator/etc. The trades red-lined minorities for decades. Many social gaps today can be traced directly back to union discrimination. I… Read more »
And how many blacks have leadership roles in any of the unions other than CTU?
Where I grew up there was a man you had to give an envelope of cash to if you wanted to be in the union he controlled.
In public-sector adjacent unions, you see more diverse leadership. But trade leadership is almost entirely white and male.
More B.S. from the Fribune.
“Right to work for less”, blah blah blah. Nowhere in the article does he mention Amendment 1 is for PUBLIC (government) unions.
Perpetual implies occurring repeatedly, meaning right now. He’s basically saying Democrats are planning to implement right-to-work.
Headlines like this is why the Chicago Tribune is perpetually losing readers.