-- 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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I work at a big box store. I’m partially retired and for the last 15 years it would have been impossible for me to work 9-5 in an office like I used to. I had to help take care of my mother who was in her declining years. After she passed on I began sitting in on electrical engineering classes at CalState LA. Those classes are mostly only offered in the daytime. Being older, I have to go to the doctor a lot more than I did when I was in my 30’s for things like physicals. I can’t schedule… Read more »
wage slaves needed to facilitate the collection of taxes for pensioners.
4th sentence… “…making more at home…”
That is the problem, he isn’t making ANYTHING!
At home, while he short term decrease in your income may hurt, the long term prospects of working your way up are limitless… Being poor should not be stigmatized. Sitting at home living off of others SHOULD.”If the journalist who penned this garbage was worth his/her salt, it would have asked him specifically what he makes…..
CLOWN WORLD.
“Waiter” is no longer operative term, because the skill set is no longer required, nor demonstrated, by most restaurant waitstaff, with exception of few remaining high-brow gourmand-type restaurants. “Waitstaff” now are only “food-runners”, from kitchen to table, with no further adieu. They take your meal-menu order, maybe accurately serve right order to right person, maybe know some menu details, maybe refill your water glasses, maybe replace empty bread-basket, maybe ask for additional beverage or dessert order, but more likely, may be not. Extra requests or questions from customer may get hairy eyeball look. Often waitstaff take order, deliver food, then… Read more »
What would we ever do without millions of low wage immigrants to feed us, house us, raise children (theirs, not yours), mow the lawn and entertain?