-- 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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Fire them all. Shut it down. Don’t restart. End it.
Yes, but do you really want literally tens of thousands of teenagers with no real agenda other than nefarious activities of one kind or another literally every day? That’s the real reason we have publicly supported schools, isn’t it? You’ll pay for more police, more crime, more jailing, and more welfare eventually. Or, you can pay for the hope that schooling will remain to reduce those costs and give at least some miscreants a chance at a better life than crime. Now, where do you want your tax money to go? Either way you’ll need public taxes to deal with… Read more »
This is your argument for the school system?
File under: How to admit failure without saying it directly.
I cannot “admit” anything re CPS since I’ve never had any personal involvement with it. Apparently that’s your assumption. I’m simply stating what closing those schools without funding some socially acceptable alternative will cause to happen.
Wow! Who knew Trump is involved in the CTU contract negotiations! Stacy Davis Gates must be hallucinating!
She is realizing the Trump administration won’t nationalize the money problems of Chicago and its schools. Her preferred candidates from the last election were just on TV promising the wealth of the nation to make LA fire victims whole. How must those people in North Carolina soon to be evicted from FEMA tents feel about Biden/Harris printing money and threatening insurance carriers to make California whole.
I’m no Trump supporter, but CTU should play nicely with him. Unlike the increasingly insolvent city and state, Trump, his pro-union Labor secretary nominee and the Fed can print and spend a lot of cash for their favorite causes.
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Such inspirational leaders.
The nice lady front and center of the picture sums up the CTU- angry, militant, loud and thoroughly unpleasant.
And far from the Godly nuns that educated Old Joe…..