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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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It would explain the quality of the recent candidates and the resultant elections to office.
Stupid is as stupid does.
Thank you, CTU and Chicago Public School system.
Do noted statistics already reflect recently-arriving migrants, most whom have little formal education themselves.
This is really stunning. 25% of Cook County adults are illiterate? Did I read that correctly? Good God. Don’t voters here see this information and see the people they vote for and the school district are controlled by unions and corruption. Yep – Fat Drunk and Stupid is no way to go through life…good reference.
Or fat, dumb and poor….
And blaming everyone except themselves.
Fat , high and stupid is no way to go through life , but some in Illinois see it as a life path.
Add some multi millions (billions?) though and you can become Governor there
The Tribune and Sun Times could probably increase their readership by getting rid of the words and switching to cartoons with short captions.
Hmm, can’t read or write but they can vote?
Fine products of Illinois schools.
Yeah, and with Chicago Public Schools spending $30k per kid per year, it is not a money problem. Gee, maybe someone (other than fellow teachers) should start testing the competency of the teachers? Also, maybe someone should properly evaluate the teachers union policies? This sad situation will continue until they do. (Here come the red thumbs down – I have the popcorn ready.)
Garrett’s?
Repeat the mantra: it’s the parents, it’s the parents, it’s the parents. Just keep paying the union members.
Just keep whining about the teachers. Whine that they get a pension. Whine that they are allowed to negotiate fair wages. Whine that students aren’t showing up for school. Repeat the mantra.
Any response to the finding of 1 in 4 functionally illiterate? Didn’t think so.
You think that because people are illiterate it’s the fault of teachers. There are plenty of ignorant people in this world that aren’t educated. You’re living proof of that. Some people just can’t be helped.