-- 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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Many companies already avoid UIUC graduates – counter productive to hire people who have been indoctrinated in wokeness. It will be interesting to see what UIUC graduates do after the real estate bubble in Chicago pops soon and many of the jobs go away.
So instead of actual work in legitimate fields of study, formerly respectable U of I is making professors do performative, virtue signaling, woke theatre of the absurd. No wonder Illinois high schoolers are looking for an education in other states.
Let’s ignore their knowledge and teaching abilities and judge them by their DIE activities.
I weep for education and the students who will be led by this moronic movement.