-- 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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If I ever hear another Teacher’s protest who’s theme is “It’s for the CHILDREN”, give me a bag of ROTTEN, WORMY TOMATOES and a good pitcher!
Unions are the biggest threat children have ever faced
The City can turn the public schools into homeless shelters.
Landlords can once again evict tenants because now they will have a place to stay.
CTU wants schools to be closed forever. CTU members simply want a paycheck and have never given a fig about education. In times of trouble one’s true colors come through. Bust this union now.
BLM,
Let the private schools open, it will not end well.
Vouchers. Let the parent choose the best solution for their kids.
They continue to be the most abusive people and women still vote for them. Unreal.
The Catholic grade school two miles from my home opened late August and has been doing just fine.