-- 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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How sad that the once respected profession of Teaching has been dragged into the barnyard ooze by the parasitic vermin of CTU. Anyone who is a CTU member should be ashamed and leave the criminal cabal via the Janus Decision as quickly as possible in order to retain any sense of self worth and avoid eternity in Hell.
Gates obviously failed he “Home Economics” class because all the issues she talks about will cost money to implement.
Hasn’t it always been “ for the kids “? Zoom schooling- for the kids. Closed schools longer than necessary- for the kids. Half populated schools with a full staff- for the kids. Passing along uneducated students to inflate the graduation rates- for the kids. Remember, Gates has your kids best interests at heart.
She sends her children to private schools. That says it all.