-- 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 a few facts: You are graduating illiterate, uneducated students. You demand to keep woefully underpopulated schools fully staffed. You won’t address the millions of dollars worth of missing electronic equipment. You won’t hold perennially absent teachers to task. You won’t acknowledge the safety issues and sexual abuse/ assault allegations in your workplace. Facts.
“What children need” are skills in reading, writing and math. Woke indoctrination should be limited to children who have acquired those skills and have learned to think.