-- 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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Dump the diversity, inclusion and equity czars and you’ll have a lot more resources.
Teachers maybe should be required to enroll their kids in CPS, kind of like the residency requirement for firefighters. That would increase enrollment AND improve the teaching.
“In addition, the school district is centrally paying for coaches to help teachers improve instruction and some high schools are getting athletic directors.” My school is losing 2 homerooms and a P.E. teacher, due to a combo of retirements and budget cuts. But CPS, in its infinite wisdom, has graciously “given” us 2 interventionists and an instructional coach. An interventionist is supposed to work with small groups of kids who are severely behind, by targeting specific skills in reading and math in order to “catch them up” to grade level. Sounds great, but I guarantee they will not work with… Read more »
Gee, I wonder why? Every non-lunatic screaming Karen and radical leftist pulled their kids and moved leving the insane and the poor behind. Oh well, Fuq’m. They voted for this.