-- 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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Maybe the headline meant to say PSYCHIC not physics. Learn how to read a crystal ball or I can tell your future just by the color of your skin.
I guess the long march through the institutions is more or less complete. That Latin parents put up with this is a stain upon them.
One of the few blessings of the COVID pandemic – parents learned what woke crap their children were being taught.
Latin School Tuition For 2022-2023: $40,970
Salary for teachers of woke sludge ideology: $99,447
A lifetime of failure/unemployability for miseducated students: PRICELESS
One would think that the school would have also tracked whether physics scores improved through this program. I am not holding my breath.