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.
Most people in the private sector to STEEP pay and benefit cuts due to Covid and the mostly Democrat imposed lockdowns (which where hugely counterproductive, as many warned but it was all about politics) Sorry, the teacher crocodile tears are shameful and disgusting.
While your conclusion may be some true for some cases your premise seems arguable at best. For example, its no news that a great many people at the moment are quitting their jobs for better pay elsewhere in a labor-shortage environment. Secondly, we have higher than usual inflation due to purchasers having some combination of more wealth and/or disposable income and fewer goods-of-choice immediately available for purchase. Now, really, does that suggest that MANY people are experiencing STEEP cuts to their pay and benefits? At best, MANY should be written as “many,” and probably written as “A FEW.”
Incredible that the educator “hero’s of the pandemic”now want us to forget fact that they really exposed themselves as frauds when distance learning shook their world. Virginia parents became aware of CRT and were disgusted. Chicago parents became aware of the woman educating from the Puerto Rican beach and the country became aware of how little they could do and keep their full paychecks flowing uninterrupted.
20% pay raise, classroom size no bigger than 5 students, 3hr work day may be enough to calm the teachers nerves.
Collective bargaining: Give teachers the option to give up their teacher evaluation in exchange for staying on the same step on the salary schedule next year.
Along with the new bill a decrease in pay should be on the table too!