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"There is being destitute, oppressed, exploited or crushed — and then there is America’s inner-city student population, most of them minorities.... As the authors of the Wirepoints report stressed: Defenders of the current system are sure to invoke COVID as the big reason for the low scores. But a look at the 2019 numbers shows that the reading and math numbers were only slightly better than they are now.”
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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High cost per student = lowest results = raising criminals.
The CPS and CTU only care about money. The results are the proof of the pudding.
The Pensions Time Bomb is now going to kill any opportunity that may have been possible.
The Greed of PPF and the likes of him have produced a Chitty and State that is now doomed. People are fleeing for a good reason, their family’s safety and their economic wellbeing. Chicago and Illinois are now the KISS OF DEATH.
What do you do for a living, Poor Taxpayer?
I work in the Private sector and must produce good results or lose my job. I get paid on performance, like the public sector should. Soon to exit the Sorry State of Illinois and take my tax dollars, $20,000 to $30,000 plus per year. But the good news is it was only going to be for another 30 years. Let you and PPF make up for the loss of revenue. Just like everyone else in Illinois has when Ken Griffen took $200,000,000 per year to the safe streets of Miami. Ken Griffen is now the richest man in Florida and… Read more »
So you’re paying $20K to 30K in state income taxes? If you’re paying that much in federal tax you’ll pay the same no matter where you go. You are definitely a giant windbag. Just go away you are the most annoying commentor.
That is to the state of Illinois
Thanks for your response – hope your move out of state goes smoothly.
This is reinforced by the fact that, for the most part, the murdered on Chicago’s streets are nameless.
Sad commentary.