-- 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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Each school should have a librarian. Except 1, I hate librarians, they’ve all become woke groomers; and 2, they’d have the money for librarians if they didn’t have so many ESL teachers because of their sanctuary policies. They have enough money for librarians, or ESL teachers, but not both.
Yeah, those kids will be running to their school libraries, begging to take out books to read.
They can always utilize Pharaoh Obama’s library/ day care/ rehab clinic/ civic center and whatever else they plan to make it as part of their grand scheme.
It would be interesting to see what the utilization is of the current libraries. It would probably be more cost effective for lower enrollment schools to just give the kids Ipads.
With urban public libraries struggling for relevance and with many of them functioning as bathrooms and porn portals for the homeless, I question whether poor readers in CPS would benefit from hiring more librarians and buying more books. Let students earn the libraries by learning to read and to do so quietly.
Heck, my suburban library is pretty much a homeless shelter.