-- 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
Is Stacy Davis now divorced?
They have overplayed their hand
Lightfoot stand up against them now!
They are stalling because they like semi retirement doing one or two online classes a day. “science” says that Covid is low risk to kids, even low risk to teachers. If Amazon delivery guys and casino workers have to go to work, teachers must also. Just watch the union will hold out until it gets a two day work week.
The CTU could give the KKK lessons on how to deny an education to minority children
Vouchers
Abolish the public school system now, privatization are children will be better off not to mention the taxpayers of Illinois.
the CTU is a communist front group
the CTU is the biggest threat the children face