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.
Let the socialists haggle until they drop. If they get what they want, it won’t make one iota of difference in the quality of children’s education in CHI.
CTU needs to recognize that there is no money for their outrageous demands. Union needs to put students first. Their raises should be student outcome based. They need to stop blaming parents, as many of these parents were “educated “ by CPS and can’t read well enough to help their kids.