-- 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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Headline should read: “Difficult teaching environments with diverse populations have trouble attracting teachers.” East Maine is a difficult and low achieving school district. 40% of students are English Learners and over half 52% are low income. More than half the students can’t even met their grade level goals.
Who wants that job? And since they can’t learn to read or do basic math, the state will soon require they learn about social justice activism and progressive dogma!