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"Employers, not only in Chicago, but potentially anywhere in the U.S., may soon be subject to yet another coming blitz of potentially ruinous lawsuits for likely minor mistakes, business groups have warned, under a new paid time off ordinance passed by Mayor Brandon Johnson and his democratic socialist allies on the Chicago City Council."
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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Hmm, could a Chicago jobs desert be on tap?
Brandon needs to go. Either this guy gets recalled or the whole city gets destroyed. My burrito joint got robbed again a few nights ago. This is the second time in 6 months. West Town.
You have the freedom to move your business out of Chicago & to the safety of Indiana.
Either put up and move or shut up.
We’ve also got the freedom to recall Johnson.
No you don’t. Chicago doesn’t have a recall mechanism.
Chicago is destroying businesses just like they destroyed small landlords–through a crazy maze of policies and rules that punish hardworking, honest people.
Who would want to invest in such a hostile environment?
Chicago is a haven for slick lawyers, corrupt politicians, gang members, the power-hungry CTU, and anyone who doesn’t want to do an honest day’s work.
The attack on the small landlord is a personal attack. These commies can’t see any further than what’s in front of their face; and the guy they have to deal with once a month is the landlord, so they direct their vitriol towards him.
PTO is a lawyers wet dream because it’s another, probably intentionally, vaguely written ordinance open to all kinds of $interpretation$. I’m sure all the union buildings trades contracts will have to be redone or re-negotiated for example. I have a family member who works part time in city and part time in burbs for example….and on and on. It’s a lawyer dream piled on top of BIPA, no tip ordinance, etc, etc. What employer could ever keep up with all the crazy progressive employment rules & ordinances passed by folks with guaranteed/ not to be diminished deals on the taxpayers… Read more »
Have trial lawyers contributed to CTU/Brandons mayoral campaign?
Woke City Council wants private business sector to operate like failed-state Chicago and Cook County government agencies.
In many ways, this kind of law is the inevitable result of decades of Chicago’s two cities. The have-nots look at the haves and vote the haves to pay them as they please. As I repeatedly say, you don’t live in their Chicago, and you don’t live in theirs. They know what you got, and they’re just going to take it, 10 paid vacation days at a time.
Increasingly polarized employers and workers at a time when it’s hard to find and keep those who fundamentally hate their jobs. Karl Marx outlook of those who “govern.”