-- 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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No one should wonder why China is kicking A$$ these days. Education is the foundation of the future.
Fantastic news!
This means the ICE arrests are working.
When will these dumb illegals get the message and self deport?
The kids aren’t learning anything anyway. Simply being indoctrinated!
Time to close and consolidate schools and layoff teachers.
Isn’t that the point?
Well if attendance is down let’s layoff teachers. The grades won’t matter because last years F is the new A+ in the new Illinois grading system