-- 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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Bwahahahahahaha!!!!
Oh…they’re serious.
As if there weren’t enough reason for Ilinois businesses to leave or simply shut down. Shady Gonzalez steps right up to the plate and swings for the fences.
#IllinoisIsLost
Acceptable temperatures are only between 40 and 80? Let’s all pretend we are retired in San Diego, we just need to pass a law to make it happen!
Not temperatures per se, but wind chills or heat indexes. So if it’s actually 75 degrees but due to high humidity it “feels like” 80, or if it’s 50 degrees but due to strong winds it “feels like” 40, this law would kick in.
By God they are serious about this one, too. Lots of sponsors, passed out of committee and going t second reading. Madness.
What about if it’s raining? Its wet outside when it rains and your shoes can get wet and sometimes its cold rain and if you aren’t privileged to have an umbrella then your clothes get wet. And traffic gets bad when it rains so the commute is worse. So what about the rain!!!! Protect us poor widdle ‘workers’ from the rain too!!! And don’t get me started about snow.
Another excuse to stay home and get paid, the “ Covid effect “ if you will. Unless mistaken, the guy proposing this measure carpetbagged his way here from Texas right into public office.
Oh Mister employer can you please wipe my as- Springfield idiots at work with worthless stupid laws.
The next law will be that employers have to pay employees to stay home on these extreme weather day.