-- 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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Jesse Sharkey- It’s up time to go back to work!
You have lost the backing- Do your job loser
https://reason.com/2020/12/29/the-year-teachers-unions-killed-the-goose-that-laid-the-golden-egg/
The teachers have to return first. Only then will the “customers”, namely the students and parents, see that there is an educational product being offered again that is obviously more valuable than the crappy online classes. The union can’t seem to get it through their heads that teachers, present in person, IS the product. Online learning products need to be left to the professional companies that have been doing that already for a decade as a paid model. No doubt both forms of education will evolve, but CPS has proven that for now they dropped the ball with their foray… Read more »
No different out were I’m at same old crap with school district here put please make sure you pay your property taxes in full because we still need to rip off the taxpayers. And no it’s not about the children that has gotten old with me and others.
The teachers do not want to work . They are communist losers and Lori is giving them the world because she believes stupidly these losers will support her. She and the CTU need to go.