-- 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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The SC beaches, golf courses, seafood and winter temperatures compare rather favorably too!
We have Pinhead and Gates to blame. They created this mess. Voucher system is the only way to weed out the underperformed schools and teachers. Let the parents decide their children’s schooling
IL doesn’t want education constituents. If IL has citizens who are illiterate, that makes them easier to control. Illiterate students are more likely to be on government or become criminals. Wake up IL. Votes these Democrats out. They are intentionally destroying the public school system . IL kids deserve better.
Charter schools are popular in SC. State monitors charters, closes under preforming schools. Outcomes matter in SC.
The big difference is STACEY GATES.
I should also point out that SC is having an influx of better educated people from states like IL and more well paying high tech jobs. They demand better education and SC is not in thrall to the teachers unions.
I constantly hear how SC education is so terrible compared to IL that why would anyone move here? This article destroys that argument. Lower cost per pupil, higher proficiency scores in SC, while IL lowers its standards, increases funding and still underperforms. SC and Mississippi have undergone education reforms aimed at improving education while IL lowers standards, caters to the unions and gets worse results.
In both cases that’s a pretty significant discrepancy between proficiency and graduation rates. And how much of the monies cited go to education and how much goes to bloated bureaucracies?
IL boasts about high graduation rates yet proficiency scores seem to indicate IL is graduating a bunch of illiterates unprepared for the real world.