-- Connecting the dots between our economy, government and business --
The conservative think tank Wirepoints is out with a study that said only 17% of Latino students in Chicago Public Schools can read at grade level and just 12% were proficient in math in 2022. Pedro Martinez said CPS created a three-year blueprint to address the problems, and this year students are ahead of the marks on literacy.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
How do you deny your own data?
Very boldly.