-- 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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How is it that various news outlets are able to figure out CPS enrollment before CPS releases enrollment numbers?
Enrollment is going to get a lot lower CTU Parents have had with your games!
Dues and don’ts. Don’t lay off teachers because CTU needs our dues. Teachers are DUE salaries and health insurance and paid summers. Sincerely, this is no doo doo.
Under-utilized, older school buildings are easily converted into small business incubators.