-- 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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Here’s another reason why there are declines from John Stossel. This is not just Illinois but nationwide. Covid protocols.
https://reason.com/2022/07/27/covid-taught-more-than-1-million-parents-the-value-of-school-choice/
So what. We want more
No surprise here. People are fleeing Illinois and even more fleeing the public school system.
Many teachers send their kids to private schools.
If enrollment is down, why are my taxes going up? Huh? HUH?
and how can state/municipalities keep justifying +600 school districts…insanity
They are adding more GOVERNMENT!!!