-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Pretty sad this “teaching” (indoctrination) somehow became state law. Once again the state knows what’s best for our kids. The non-opt out option is very disturbing but not surprising considering how this state works
Good God. Please stop. None of this makes any sense. To have this level of focus and broad teaching throughout the entire student population on a nonessential topic that does not impact 95%+ of the students…is just plain stupid. CPS has lost sight of its primary objective, to teach kids how to read and write and understand math and science. CPS is unsalvageable. Close it. Fire them all. Start over with someone with a brain.
How about CPS and teachers being for all stand improving education? Stop the preferential treatment of identity politics.
Let’s hope that the teachers teach the students all the LGBTQIOPLKUS material as effectively as they teach them to read, write and do math..