-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Statistical gobblygoop trying to make systemic racism a real thing and push the failed concept of “busing” even more. Location demographics explains it much easier and the fact there are not enough white kids to go around.
I am far more upset by the lack of asian and midget basket-ball players, blind taxi-drivers, and female plumbers. That all looks pretty systemic too.
Hi Christo.
Between the 1900s-1950s, there were good and bad Chicago Public Schools. Back then, Chicago was predominately White too. ?
In the 1950s, Tuley (now Clemente) was White. Wells was Black. Both were considered bad then. ?
Unlike September 1977, when busing began to whenever it ended, Blacks aren’t always seeking to attend White schools, some of which are good, deluxe or bad. ?
cx: Unlike September 1977, when federal mandated busing began to whenever it ended and presently, Blacks weren’t/aren’t always seeking to attend White schools, some of which are good, deluxe or bad. ?
The black population doesn’t get into the top schools because they are totally academically unqualified. They are lazy, don’t go to school, and are interested in being nba stars or rap artists. And the CTU is totally incompetent as well. They have been on a paid vacation for a year as Lori tried to buy them to work on her campaign.
So, what’s your answer to such things—preferential treatment based on race? And, as for CTU, maybe we should just go back to the way school teachers were hired in rural America before WW II. You or a relative get elected to the school board and hire your not-always college-grad relatives as teachers in the local district. Who needs best-qualified when close and place-bound applicants will work good enough and likely for less, too? Costs go down, and most local high school grads don’t plan on going to college anyway in rural America or CPS even all these years later.
What’s your solution? ?
That’s life in the Dictator’s Illinois: separate but equal