-- 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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The crux of the issue is hidden in the last 2 paragraphs of the article:
“Wilson said youth need not just specialized job training, but also help learning the soft skills needed to keep a job.”
This is not allowed. The euphemism “soft skills” refers to attitudes and habits that are soundly rejected as being the result of white supremacy.
So the author of the report on which the article is based acknowledges that jobs programs are futile.
Everything would be OK if Chicago would just adopt island time.
So is “systemic racism” preventing these gals from applying for the many, MANY jobs available…???