-- 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 is exactly what dooms generations of Black children to lives of poverty, ignorance, and despair.
It’s obvious that no institution is more on need of competition than CPS. The stranglehold the CTU has on poor Chicagoans is my definition of “systemic racism.”
That JB and his kids never experienced public education is par for the leftist course. Neither did the Obama girls.