-- 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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“When we look at some of the [Northwest Side] high schools and elementary schools … they are struggling for attendance,” said Jennifer Jones, a member of United Northwest Side and a public school advocate.
— Well, Jennifer, we are struggling for attendance because progressive Marxists like you have driven most normal people out of the city.
Fake ‘Astroturf Protesters‘ — Hired And Paid By Crooked Corrupt Chicago Teachers Union — Are Trying To Block A Charter School, School Choice