-- 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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There are ample free online teaching resources for tutoring or outright full education of willing students.
Those who make the effort will be empowered to then change the broken, corrupt, monopoly-education-industry for future generations.
The “willing” percentage of students who by definition are highly self motivated is a very small percentage of the overall school attendees. “Your mileage may vary” in any specific school or community, of course.