-- 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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Good for you, Biggsville. We want choices, not mandates. Sad to see other districts following along with the gov.
What would the corrupt Pritzker administration do if every school district defy the mandate.
That would never happen, but even if half did, he would decertify all of them, call them child murders/Republican terrorists and use it as a campaign issue. The news media would say that local residents *must* hold their local boards in account for killing children. Cap fax would run 3 stories a day about how Republican school boards are insurrections defying the governor, and killing kids.
The answer isn’t defiance. It’s non-compliance. My kids masks will be falling off their faces but they’ll be breathing normaly.