-- 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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“CTU has the right priorities?” CTU need to be busted, all teachers fired and school vouchers for all. CTU has NOTHING to do with teaching. Period.
CTU can’t be busted. They are exercising their constitutional right. Don’t hate on the constitution TPG.
In their function as a union, yes, their priorities are power and squeezing as much as possible out of whomever is paying their members.With trade unions there’s an attempt, usually very successful, to produce workers who accomplish their tasks (electricians, plumbers, carpenters, lineworkers, etc.); no such qualifications for CTU members.
CTU has no interest in teaching kids, their only concerns are power and money.
Don’t confuse the CTU with education – not their mission, though they may claim it is.
Easy and accurate answer – they have the right priorities as a union, accumulate as much power as possible and squeeze management for every nickel and concession they can.
CTU doesn’t give a fig aboout the quality of education their members provide to CPS students. That’s not the CTU’s mission; that is, or at least should be, CPS’ mission.
The stranglehold will continue and CPS students will pay the long-term price while the taxpayers pay and pay and pay to support a failed system.