-- 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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Anything budgeted for advanced Calculus, Chemistry, Physics or Biology or is this another waste of money program?
I haven’t read the bill but I’ve read the article. I’m all for improving the educational standards of Black children. Of all children in the lower classes actually but this racist bill only focuses on Black children. As a whole, their educational performance and attainment is atrocious. The bill seems to want to give more government control over kid’s education to the state, which in some cases, might be better than than home education they are receiving, because it recognizes the performance gap that arises around age 3, and how entering Kindergarten not knowing the basics really hurts children. That… Read more »
This may or may not be another boondoggle to transfer public money to a lot of people with graduate education degrees. Even if they’re well-intentioned, we’ve seen too much of Head Start and other programs that simply don’t work. Granted that some or all of this failure is the fault of societal issues beyond anybody’s practical control. If someone wants to try it let them start a demonstration program ON THEIR OWN DIME and with verifiable metrics and with a sunset provision. Eliminate disruptive misfits [it’s not their fault] and show some skeptics that it can work under whatever circumstances… Read more »
While conceding that I haven’t read the bill, why do I suspect that it basically calls for bundling critical race theory indoctrination with a fat wad of cash for the education establishment? If they had any clue how to provide a decent education for black children, I think we would have seen some evidence of it by now. Instead they just lower the bar of expectations while blaming society, racism, etc etc. Call me cynical…
Law enforcement, reparations, education- what’s next? And what will be left of Illinois when they are done?
Absolutely nothing