-- 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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Commies destroy everything, haven’t you noticed?
New CPS/CTU policy direction is reason why BJ administration has steadfastly refused to house migrants in empty and near-empty CPS school buildings.
This “neighborhood schools only; terminate selective enrollment” employment-initiative policy is CTU’s clever redirection to create new staffing requirements for every neighborhood school building, so as to substantially increase CTU membership via demand for new teacher hires.
Chicago Tribune: Be very afraid of Democrat policies!
Chicago Tribune at election time: Vote for Democrats!
How many Chicagoans who supported ending the Invest in Kids Act were hornswoggled into believing they already had a form of school choice in public education and it wouldn’t be taken away?
The repeal of IIKA was only the beginning. They’re attempting to rollback the innovations of the past 30 years that were built on decades of evidence showing change in the status quo was necessary. For motivated parents, the choice will be parochial school or a move to the suburbs.