-- Connecting the dots between our economy, government and business --
One of Chicago’s big corporate employers is moving to cut most employees’ salaries by 20 percent. Aon, based in London but employing about 5,000 in the Chicago area, announced the temporary pay cut today as a maneuver to “preserve operational flexibility.” CEO Greg Case and other top executives announced they would be taking 50 percent cuts in salary at the same time.
Summary and audio linked here.
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Summary and audio linked here.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
Podcast link is here.
Navistar cut too depending on your employee level, similar amount. But the agreement is that we will be reimbursed with 6% interest after things go back to normal. 6% ain’t bad.
Corporate America doing what it can to stay in business and keep people employed, meanwhile Pritzker embraces raises for public workers.
Aon employee here. Public sector workers are our feudal lords and we are their serfs.
This won’t be good for the ‘Unfair Tax’.