-- 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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Pizza parties and ice cream socials will solve the problem. Maybe try midnight basketball as that idea has worked so well in the past (sarc).
FROM PRESCHOOL TO 6 GRADE BRING BACK CATHOLIC NUNS BELIEVE ME THE RULERS ON THE FINGERS THE WACK IN THE BACK OF THE HEAD THE DOUBLE EAR PULLING OUT OF YOUR SEAT KIDS WILL CHANGE
A short while ago, there were articles on Wirepoints reporting that 25% of teachers had experienced threatening behavior in the classroom. This article reports that schools are moving away from a punitive approach to discipline, part of a broader process that started a decade ago. A school board member says she will be “intrigued” to see the results of this new policy. For a sneak preview, she should read those articles. Why do schools double down on policies that cause the problems they experience in the classroom? Why doesn’t the teachers union speak up in opposition? Too busy focusing on… Read more »