-- 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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Is “English learners” code for “illegal immigrants”? We can add that code to the others, such as “undocumented immigrants,” “immigrants,” and “migrants.” Just be sure not to use the applicable word “illegal.”
People are running from CPS due to poor quality education, teachers more interested in politics than teaching. Students graduating from CPS are headed for failure. Any parent with a brain cell will send there kids anywhere else. Even Gates sends her kid to private school over CPS. That says it all. CPS needs to focus on educating students, not progressive ideology. They need to stand up to CTU.