-- 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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First instinct- what a crock! Further reflection- yes, drop all standards, let anyone in. That will devalue a degree. Then maybe people will stop mortgaging their futures to get brainwashed by the higher education establishment. Let them find out the consequences of their ideas.
Wage slaves go to college then buy a house to fund a government that wants them dead or poor and dependent on big gov.
Reason illegals
Yes, but they are doing this not because of the fake woke ‘equity’ nonsense in the article. There is no need to test for multiple types of intelligence. They are letting anyone in the school because they have a hard time attracting students in the first place. Degrees from IL state schools, other than UofIare especially crappy, and everyone knows it. They already let everyone in. You can get into Eastern with 920 ACT. UofI has to accept one-third of its students from China because it is one of the crappiest, and least respected, of the Big 10 degrees. Better… Read more »