-- 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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Actually if an employee is exhibiting any of the behaviors on page 3, they constitute a need for corrective action reguardless of the cause.
Test positive or not there needs to an intervention.
Wonder how having emplyees who are working while high off of pot and working for example on construction effect illinois already off the charts workmans comp rates…and theres nothing the employer can do about it