Ted joined Shaun Thompson to talk about about the Chicago Teachers Union’s absurd new contract demands, why so many Chicago teachers are chronically absent, and Brandon Johnson’s failed first year as mayor.
What a representation of Chicago’s plight.
The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
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Moderating Debt? What!! I guess Fitch can’t do basic math on long term liabilities like unfunded pensions, health care for retiree obligations, etc. Oh, but if you keep in mind that the City of Chicago pays for these compromised opinions, it makes more sense. Is Fitch really gong to tell the ugly truth about the guy who sends them the pay check? Unlikely would you say?
Hilarious. Simply hilarious. Fitch must be really hard up for work. If you don’t know how these rating agencies work, watch The Big Short.
“”The upgrade was “driven by a decline in the city’s long-term liability burden stemming from steady growth in the economic resource base and improved debt management practices,” Fitch wrote in the report.”
Followed by:
“His $16.6 billion spending plan for 2024, unveiled last week, includes $187 million more in revenue than projected as recently as last month.”
Unbelievable….
There’s a word for the rating agencies: Whores.