-- 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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Graduates from U of I will be categorized as BFG (before George Floyd) or AFG.
There is very little expectation of excellence in the Illinois public university system. U of I is obviously a well regarded school, but alums complain about their fall in the rankings. But the other schools generally speaking, just don’t perform well. Take NIU. 40 years ago, if you asked me what school was poised for regional prominence, it would have been NIU. It’s proximity to Chicago alone made for a promising future. Any leader with a sense of strategic planning would have invested in NIU and made it a solid second choice to U of I with chances to grow… Read more »
When the failures from CPS leave kindergarten just hand them a bachelors degree.
Have kids graduate regardless of curriculum or grades and call it success. The Illinois Way.
U of I lowering its academic standings in order to stay afloat navigating existing in Illinois
In Other Words, University Of Illinois Moves Towards Race Based Admissions