-- 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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Not only failing students, failing society as well.
Politicians and unions (now they are sometimes one in the same) are responsible for lives that shouldn’t have been lost and lives that fall short.
I wouldn’t want to go on to my final reckoning with that stain on my soul.
The sad part is that these kids speak both Spanish and English very poorly. They aren’t fully literate in either language.
Mark,
Notice how the Tribune or Sun Times rarely (if ever) pick up your great pieces? Odd that those papers have the most responsibility in investigating local government, yet they never even try to copy or validate your research themselves.
Congratulations on getting picked up here.
Only because he runs this site or they’d ignore him too. This message really needs to be brought to communities of color because they are bearing a lot of it, although it cuts across all races. White, black and brown are all losing on their chance to succeed.
The national press is exceptionally good to us — not just conservative outlets like Breitbart, but Time, Newsweek, NYT, WSJ, The Economist, RealClear and even CNN. We’ve been in all those and more. Some local medial are fair to us as well. But some local media are blatant in blackballing us, such as the Sun-Times, Politico (which is essentially Dem/state media), WBEZ and other NPR affiliates. The fair ones are talk radio (which is very balanced), News-Gazette, Univision, Fox Chicago and perhaps some other local affiliates of national networks that we are not able to monitor. NBC Chicago also carries… Read more »
It’s all going as planned.
ISBE will just eliminate the testing. Out of sight, out of mind.