-- 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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“ Holistic “ approaches to crime, drug addiction, mental illness, illegal immigration, etc. They don’t seem to be working out well so far, let’s try more!
“but student well-being and connection to the extent that they’re an empowered decision maker.
This is the SEL cancer that has infected every aspect of education. When Trump’s Department of Education comes into power, hopefully the head of the Dept doesn’t treat the cabinet position as merely a cush job with lots of photo ops, but rather, and opportunity to root out this vermin called SEL and destroy it forever.