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.
Just close it. Fire them all. Don’t restart it. Sell the buildings. Implement school choice to include allowing parents to use their tax dollars with the school they wish. Let the chips fall where they may.
Strike beginning Monday and make it a Black History Month to remember. The school kids will be overjoyed ! Their parents that see school as a free daycare, not as much.