-- Connecting the dots between our economy, government and business --
Mark joined Amy and John to talk about the why there’s no plan to help the 20 communities in Chicago that suffer the worst combination of violence and a dismal education, the $14 billion CPS wants to spend on its half-empty schools, and the latest costs imposed by the migrant crisis.
Read more from Wirepoints:
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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As the risk of appearing foolish, those suffering from self inflicted wounds are loathe to admit the origins of said wounds.
Spot on Indy. #1 is who’s your daddy!
Don’t forget the lead and fluoride in the water!
Just think the cost per student was some of the highest in the nation. Now look what they have produced. A generation of criminals. Not going to be good for decades to come.
Lack of education and job skills means criminal activity is the only choice for many. Thank you so much CPS and CTU.