-- 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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“Anything short of giving an opportunity to working people is unacceptable.”
Amazon is in business to make money, not to employ people.
Demanding $28.50 an hour is one good reason not to open the facility. Businesses need to be economically viable in order to exist and having unrealistic demands does not help the cause.
Not ever going to open. Just a pipe dream. Let PPF open up a business and see if he can earn a living.
Uh Oh, I smell AOC…..
Please, Old Joe, I’m trying to enjoy my Friday Happy Hour, lol…!!!
Amazon is ghosting Chicago
Open that building and it will turn into a hunting for every criminal in the West side. Workers, cars, trucks, deliveries, massive amounts of products will make the crook crowds fingers tingle. Whoever at Amazon thought that would be a good idea. The same idiot who decided that Cabelas should build a super store that sells guns and ammo in Cook County.