-- 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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Just pass them on is the program. No Job Skills but criminal. The CPS is stealing the young adults of a good future. Should be criminal what they are doing.
Yet, the loser school board member in my school district (and if he/him reads Wirepoints, he/him will know who he/him is) told but that GRADES are the best predictor of college success and performance, not standardized tests. Because he/him told me that students in my high school districts have excellent grades! And that prepares them for college more than, you know, performing at grade level on the SATs or whatever. I pointed this out to him months ago, several months before the WP exposed the poor performance of suburban school districts. Then this loser told me that advanced classes separate… Read more »
“and I’ll taunt him as he runs away. Yes, I’m a jerk.”
Hey, that’s my job!
War is deception.
Parents are too busy worrying about whether the schools will turn their little boy into a girl to worry about their kids grades.
Really– does anyone care what Arne Duncan has to say about education? Total zero as a pure bureaucrat career climber. He was Chicago School Superintendent and a darn cabinet level Secretary of Education for eight years and accomplished absolutely nothing. He was a get-along-go-long guy for the unions his entire career. So now he wants to stand up for parents? Gimme a break!
Yep, exactly correct. The stakeholders making the awful decisions which result in such disastrous K-12 academic performance couldn’t care less about what Arne Duncan has to say.
I thought the same thing. I refrained from commenting because its so infuriating to see him consulted as some “expert”.
Used to be that at report card time, kids tried to get the mail before the parents could see the report card. So now it’s the teachers trying to hide the truth from the parents? Yet another way they try to blame parents, “parents can’t handle the truth.” Pathetic.
Good article