-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
===“My company provides paid sick days, but we can’t use these days consecutively without facing disciplinary actions,” he said. “Including airline employees in the Paid Leave Act will allow us to take necessary time off for illness, recovery without fearing discipline.”===
Who cares if workers need a day off because they are sick? They must be abused at all costs to honor our corporate overlords.
Signed,
Pointy Wire Bootlicker
A random employee at Willard Airport in Champaign is clearly the expert on companies disciplining employees for using consecutive sick days. Sounds reasonable to me.
Signed,
Bill from Oswego
Who cares [deleted]
Aren’t you the clever one? Using my screen name to post a ridiculous response. Your ingenuity is apparently boundless.
Stealing somebody’s screen name will get you banned fast.