-- 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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Again folks, don’t confuse anything to ro with the CPS and education.
John Vukmirovich – a former educator – is a complete moron. CPS has already failed.
The author should have begun his “if…then” analysis with ” If CPS can’t teach students basic reading and math, then… “. All of the bad results will follow.
The new course being offered is “Car Jacking”, how to do it.
“Selling drugs” and “armed robbery” are also on the new list of classes being taught in CPS.
There are no other jobs in Chicago, the government has chased away the private sector.
If a young student can afford a bus ticket to somewhere else, it would be money well spent.
Budget cuts is the problem? NONSENSE. The amount spent per student on the declining number of students in public schools in Chicago is enough to send them to good private, non union schools in almost anywhere in the US. Funding amounts is not an issue. Frittering away plenty of money that could really educate these innocent young people is the issue. How our minority young people are getting robbed is a national disgrace.
Good luck getting the “party of the working man” to lift a finger to change anything for the better, just grift, grift and more grift. But in the end the minorities and libs vote for this so fuq’m. Let their children grow up ignorant and stupid. Hell we are already surrounded by 2 generations of them!