-- 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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Fire her ass
As someone else said on line about those people who complain about “California” being colonized land”, by that logic the US would have to give it back to the Mexicans who would have to return it to the Spaniards who would have to give it to Native American Indians who would have to walk backward across the Bering Staight to Russia. If this “professor” is that torqued about the U of Chicago’s infrastructure she could resign and stop taking blood money from colonizers. She needs a high colonic!
classic example of “biting the hand that feeds you”
They have no concept of biting the hand that feeds them. Because there is no hand. Food just appears. The only problem is proper distribution of the food that just exists.
Wow! You would really want to spend lots of tuition dollars sending your kid to take a class from this nut job, wouldn’t you. What a hateful person. The U of C got off the rails about ten years ago and keeps getting a worse and worse reputation largely because of its personnel hires. Not just DEI, but wandering too far from hiring solid teachers and researchers. As this wacko even admitted, she was more of a community organizer and activist than an academic.