-- 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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Why would JB give her another position? The status of public education is an absolute failure. The state is promoting and graduating students who cannot read.
Another Marxist Latino ( Latinx?) for another made up, unneeded Marxist position paid for with your tax dollars. Yay!
From a bio: In 2012 Teresa completed her Ph.D. in Anthropology with a minor in Latina/Latino studies at the University of Illinois Urbana-Champaign (U of I). Her areas of professional and research interest include school culture and racial justice. While at the U of I Teresa was a researcher with the Ethnography of the University Initiative and Center on Democracy in a Multiracial Society. https://ascend.aspeninstitute.org/profile/teresa-ramos/