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.
Boondoggle. Enhanced travel experience? Record setting levels of employee productivity?stores owned and operated by the connected?
I’m not so sure Chicago is gonna be a hot spot in the future. Granted the airlines could use O’Hare for a hub like Northwest Airlines used Minneapolis for a hub. (I can’t imagine anyone wants to go to Floydville either).
They ought to be upgrading terminals of red state airports if they want to get a jump on things.
Pete, if you need anymore managerial advice just get in touch with Mark or Ted and hopefully they’ll hook you up with Old Joe.