-- 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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“14 and 15-year-olds seeking employment must obtain a letter of intent to hire from a prospective employer. It should describe the type of work and the expected hours.” My goodness this state. I had a job packing grocery bags and getting carts at 15 at the local grocer. I didn’t need no letter of intent or work permit and my school didn’t need to approve it. This was in the 90’s which wasn’t long ago either. The state doesn’t want to install a work ethic in its citizens. They’d rather have you on the dole, collecting welfare and medicaid, and… Read more »
If a youngster fails do obtain a work permit, will he be arrested or fined or…???
Does this also apply if he is self employed? Work permit needed to cut the neighbors grass?