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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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If there was a voucher system the public school system would have to teach. The deadwood would be tossed and Stacey wouldn’t have an open checkbook
There have been advisory referendums on issues such as pension reform and redistricting and politicians ignore the results. And, the voters keep reelecting the same legislators. So what’s the use of referendums on school choice?
CTU will never allow parents to reject inferior public schools for private schools.
Not true. They just won’t pay for it. You are free to use your money to enroll your kids in a private school.
They just won’t pay for it? Lol.
With what, all the money that CTU generates? Oh wait, they don’t generate anything. All the money comes from taxpayers.
School choice/Voucher programs should be available for parents in Illinois, that allows the parent to choose the school they want to send their children to and tax dollars follows the child. But, hell, Illinois state government is so bought and paid for by the teachers unions, they will never vote to allow something this impactful to be passed. I keep forgetting, the legislature’s entire job is to work hard on key issue like whether we need a new state flag or whether we should do away with day-light-savings time and most importantly to figure out more creative ways to separate… Read more »