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.
What’s most absurd about the grad student strike is their comparison to UChicago and Northwestern. It’s like a waitress at Steak ‘n Shake complaining how much lower her pay is than at a Michelin starred restaurant, if they were paid hourly rather than on tips.
And I’d like to fly around the world in first class.
You want a living wage? Get a job that pays one. Ph.D. Grad(arse) isn’t one of them.
They could do that but instead people have decided that they want government to “fix things” for them. You do the exact same thing. You want lower taxes but instead of taking ownership and moving elsewhere you would rather just hope that it somehow gets better. The difference between you and the voters that want a higher minimum wage, they have the support of the elected officials while you don’t. Who is really the dumb one after all?