-- 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 would like to know how many of these perfectly qualified candidates had juvenile drug or crime convictions or how many failed the drug test because they all smoke pot constantly.
Why are the city’s administrators, who do the hiring , so racist? Sarc!
Cant pass the written exam? Cant pass the background check? Cant pass the physical? Cant pass the medical of psychological? Great, you are a candidate for a supervisory position in the PD. Welcome aboard!
Sometimes there are just aren’t enough diverse applicants to produce the racial quotas they want.