-- 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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Props to Tullman for going against the grain. He’s a lefty and big Pritzker supporter, but a free thinker, exceptionally smart and a wonderfully colorful writer. He has also played an enormous role advancing Chicago’s tech sector.
Props to Tullman for going against the grain. He’s a lefty and big Pritzker supporter …
Sounds like he is schizophrenic.
The goals of these programs are great …
Why? The best people should be hired, period. The business of business is business, not social engineering.
Are DEI departments mainly jobs programs, which employ people who have no skills that can benefit an organization?
DEI is still alive. It’s suffered a few flesh wounds but many institutions are doubling down on DEI. Every company/firm is focused on DEI. Interviewers are still prioritizing DEI candidates over everyone else, either explicitly or implicitly. Especially universities, they are outright DEI factories. Look at the admissions of recent freshmen at major universities, it is so unrepresentative of the actual student population and SAT score distributions. And if Trump wins, it will only get worse, as institutions again begin purging what few conservatives remain. They operate under the ‘we are stronger together because they can’t stop all of us’… Read more »
How did this beacon of absolute truth (mostly) get past the stunning and brave DEI hires at Inc.’s editorial board?
It’s hard to believe DEI is dead when one of the candidates for President of the United States is nothing more than a DEI appointee. If she loses we can all celebrate that DEI is dead.