-- 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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Two districts in Texas stopped this remote learning farce because 40-70% of students were failing https://www.houstonchronicle.com/news/education/article/texas-school-district-cancel-remote-learning-covid-15603181.php
Waiting for Durbin to declare internet access is a basic human right like he said health care is.
Pigster internet coming soon to a poor child near you. Thank you taxpayers
I’m glad we’re helping the poor in East Saint Louis.
Expanding WIFI access to poorer communities is a great use for money saved by amending pension plans under the state constitution. Instead of our tax dollars going to fill their bank accounts, we could use that money where state funds should be used – actually benefitting the citizens of the state, not the “privileged few.” We need to vote out anyone who stands in the way of constitutional amendments to correct pensions in this state and one which prevents tax dollars from benefitting citizens in any meaningful way. No more tax increases until we use our money for the citizens.