-- 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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Fear of infection in your own home, wake up nap time and lunch are over pre Madonnas
“32,000 hours of voluntary overtime” what’s the rate on that? Time and a half , double time, what about Memorial Day weekend, double time and a half? That sure makes voluntary more appealing. Knew a city garbage man that pulled in $100K a year with all of his overtime until the city cracked down on it.
Other states, like lib NY, are outscourcing or partially outscourcing unemployment claim proccessing. Here Im still confused, only new gig employment claim proccessing is outscourced to Deloitte? Or Deloitte is also proccessing regular claims? Was it Deloitte that create massive date breech or ides?–anyway sure afscme will do whatever it takes to discredit/ sabotage any attempts to butt in on their turf, just as they did under rauner. Shocked Deloitte was even hired to handle the gig unemployeed benifits…on cap fax they are always bashing Deloitte……and by the way, who ‘s keeping track of the +540 ides afscme hero employees… Read more »
I had to read the reread the article: JBELUGA does not blame Trump once for this!
The full quote: “There’s just not enough of us who aren’t lazy”