-- 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 going to bankrupt our city. How greedy can these people get?
Not right, just the best weapon children.
Why keep mostly empty schools open with an abundance of teachers.
Ask her to justify a school with 32 students and 52 teaches and administrators.
Oh Stacey! You expect to be rewarded for your equity and expertise at graduating thousands of kids every year that can’t read, write or do math at their grade level. You and your puppet Playa truly live in a fantasy world.