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.
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Not going to happen. Bureaucracies grow like cancer; except they are worse.
Milton Friedman was the first to propose breaking the School monopoly , he believed that schools were poorly managed and unresponsive to parents.Good teachers had no incentive to work harder as their compensation was fixed and poor teachers could not be fired. I think he was correct in very large cities , but not in smaller cities . School choice will work in Chicago ,but not in the rest of the state.
Teachers Unions are the Dems masters esp. in states like Illinois.
I cannot imagine school choice ever coming to Illinois or Chicago.
Even though it’s needed in Chicago more than anywhere else. At some point you have to say the people who vote for this dysfunction want to wallow in it and there’s nothing a sane person can do to stop it.