-- 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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It’s nice to have the law on your side when you aren’t qualified for a job gifted to you on circumstances. Pretty sweet. I’d like to see an assessment of the job performance and attendance records of the DEI hires.
Not a single mention of DEI or system racism against working class whites that has existed for decades and accelerated tremendous after 2020.
It is not just working class whites that experience DEI or systemic racism. It is an all types of work.
A young straight white male these days is at the bottom of the ladder.