-- 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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We canonly hope!!!
It’s about time DEI, along with its practitoners, is relegated to the trash heap.
“ Diversity Workshop “ speakers and other race hustlers are the one’s sweating the demise of blackmailing companies into paying for their divisive programs. These folks are going to have to get jobs that don’t entail making people feel guilty for existing and being successful.
Well stated.