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"When Springfield feels compelled to halt your education agenda in its tracks, you should reflect on how better to persuade people outside your progressive echo chamber of the wisdom of your ideas."
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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Glad to see that CTU is ensuring that not just Chicagoans hate them but that the entire state of Illinois hates CTU.
Here is what SDG’s response to the article will be. So what. Pay us.
They will get everything they want. Don’t even bother bargaining.
Sad day for Chicago and Illinois
Just wanted to give a shout out to wirepoints on publishing great information and providing us a legitimate forum to discuss these very important topics, much appreciation for the hard work and information that wirepoints puts out daily!
So when is he leaving?????
As many have stated, let’s go! When you sit home and either not vote or, implicitly choose low-information socialists, you get moronic policy put forth by those barely able to either chew gum OR walk. Living in Chicago is a hoot. If there was a canary in the coal mine for the collapse of Western society, this is ground zero. Just look at CPS – money isn’t the problem. Homelessness? Drug use? Crime? CRIME! All the while, we have a Mayor who likely can’t tie his shoes and a gubnah who, while he can’t see his shoes, allows the jewel… Read more »
I disagree with editorial, seem CTU once again comes out winners. CTU got moratorium on ANY school closings til 2027 when I’m sure by then they will control elected school board.. So taxpayer chumps will continue to pay for all those 1/2 empty schools into 2027 and beyond
Yep, and looking at the report WirePoints did showing the complete fiscal irresponsibility of CPS’s use of those buildings…definitely a win. What, 3 more years of running a school built for1000 students, but only have 35. Makes no sense. What a travesty.
A few selective enrollment schools (12?) get saved from cutbacks while 100’s of half empty CPS neighborhoods schools are get saved from closer (and astoundingly are getting increased funding)?? WHAT A $$$DEAL$$$ FOR CTU!!!….who in this city or state with half a brain cell, who knows how Springfield works, wouldn’t think the taxpayer/voter has been punked once again? Its no different than JBs budget grocery tax cancellation/huslte game. Pathetic
Yes, agreed. Still, it’s a tiny ray of push-back against CTU, which is unprecedented.
Agreed Mark, but gosh isn’t it sad that we are excited about a tiny push back…the correct solution is staring them in the face.
Chicago you voted for this, enjoy.
Progressives don’t use persuasion. They deal only in demands and threats.