-- 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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So, many people with interests in gaming the government system and getting what they can from the government. The elected officials from the state house to the school boards to the fire district boards have no conservative mind set at all…do not care what they pay, what the pensions cost or what the long term impact is on the people who actually pay these tax bills. The average person tax payer in Illinois gets very little for their money and hell, its just going to get worse. Its just a good time to get out of Illinois. This will never… Read more »
Gov Pritzker broke the law – his extension of the E.O. is illegal. He knew that, but went and did it anyhow. Pritzker is a menace!
But, but, but – What ’bout da keds!? It’s ffor tha keds!!!
Let’s not overlook the Gov, Chitty of Shi…congo and Crook County all embrace them illegals and throw money at them like confetti. Good place, after trimming the state/county/chitty payroll is the cut out payments and give-aways to all illegals.
Yep, just pull up your Chicago suburban school district to find pages of teachers working 3/4 of a year making over $100K. It doesn’t take long to reach $100K when you look at the starting salaries and rate of salary progression. This is just another example of taxpayer abuse.
Just think: you coulda been a teacher! Its so easy, and they only work part time, too. I’m sure you’ve encouraged your children and grandchildren to become teachers. Oh, you haven’t? Look in the mirror if you want to be mad at somebody.
I think taxpayers should be more aware of how their money is being spent.
Yes, absolutely, and I applaud both your restrained response and your larger explanation of how one should view the problem. Let’s not slam the employees nearly so much, not knowing them individually and only superficially in the collective sense. Let’s blame those who control the purse strings or fail to do do as one sees fit to choose the appropriate label. Employees in nearly any organization pressure for higher wages; that’s a human character trait, isnt it? That doesn’t mean that one who is in charge can’t simply say “no.”
Yes, I hold no ill will toward federal, state, or municipal employees, except those marginal performers with their entitlement mindset.
Just think: you coulda been a teacher!
Your “Entitlement Mentality”, like all public employees, is very evident. The fact is you would not be making anything NEAR what your gov teacher workfare job is paying you for a PART TIME JOB, as in a 37 week work year, with a 36 hour contracted work week, with bullet proof job security. Just be thankful for your gov workfare job and pray you are not paid off, because you wouldn’t last 1 day in the real world lil piglet.
And just what is the proper correlation between time spent on a job and the compensation given for it? You seem to have a solid idea about that. If so, why are some groups so exempt and maybe without your scorn, too. How long do you think Brad Pitt has to work on any given movie role for, let’s say, a $20,000,000 payday? LIfe ain’t fair, is it? Railing to make it so is “tilting at windmills.” It won’t make it so.
Dont bother with Rex the Wonder Idiot. He is nothing but a hatred filled troll who detests public section workers. Let him rant, his dog doesnt even like him.
Eating cat food yet or dumpster diving for some rat chewed scraps? Just at COSTCO and bought a 25lb box of lobster tails @ $25.99 a pound, that’s $650 plus tax for you of limited intelligence, because we ran out of the prime rib we’ve been enjoying.
I know you’re being sarcastic, but to other people, it looks like you’re really eating lobster and prime rib off the tax payers’ dime. you’re not helping your cause.
So you are admitting teachers and Democrats have constructed a racket, and then you blame taxpayers upset with the racket for not joining in!? Fascinating mindset – similar to a thief.
It’s truly immoral to have so much wealth concentrated in such few hands. It’s immoral that so much public money goes to so few people
Math is for Republicans, y’all.
So is morality
Must be nice
Grotesque by any moral measure…
Look at the size of that teat!