-- 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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Blacks talk a good game, but still do the same thing by voting Democrat.
My downstate district educates students at less than half of what Chicago does and has much higher results on the school report cards. I wonder what the difference is…the Chicago System as a whole perhaps?
Fairly confident that black students are also part of the 27K(?) spent per CPS student. That they, and others, don’t learn anything is hardly a result of underfunding. Quit ignoring the single parent, lack of motivation to learn and glorification of sports and music as the only options elephant in the room.
That comment by”susan” was not written by me (‘susan’ who writes about specific policy like TIF and Illinois official regulatory nonresponse to illegal behavior by taxing bodies).
Democrats want the Black vote but give nothing in return because they don’t have to give anything. They relegate Black children to inferior schools. As long as the Black community continues to give Democrats their vote without demanding accountability, this will go on.
Vote Republican and demand that they pass school choice. Why continue the insanity?