-- Connecting the dots between our economy, government and business --
The mayor and his allies want $175M from the schools and a big loan to pay for it. But they’ve been blocked at every turn by more responsible actors – so far.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
The answer to this mess is not more debt. Behaving financially responsible is. Close under utilized schools and lay of the staff. But CTU blocks this at every turn. Make CTU pensions like private sector pensions. Minimal active participation of 10 years to collect a pension. Increase teacher contributions to their pension plans. Raise the retirement age from 55 to 60.
60 would still be a sweet retirement age for most people.
Are there any private pensions left? Some unions yes, but I do not know one non-union working employee currently in a pension plan.