-- 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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“Our district is showing significant academic growth at all levels, whether it’s elementary or high school, and we’re exposing our children to more enrichment than ever before,” says the Board President. So obviously things are going great and they don’t need additional money.
So pretty much take from the whites and give to the blacks, typical racist democrat party
Didn’t they get enough of their back door reparations from all the theft, carjacking, robberies and anti whitey policies they commit on the daily? Typical racist democrat way
Equitable for who?
Overpaid, 8 month a year school teachers?