-- 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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Once again folks, don’t anybody confuse a Democratic Party kickback scheme with education.
CTU is only concerned with money and power — education isn’t even an afterthought
Education starts in the home.
And then the public school system destroys it.
Warning. Different now: -quality of life/safety way down -virtual work is viable -no/little progress, or even discussion by politicians, of key items of interest to many Will’s article is on point–and he even skipped a few big items: highest outbound refugees; Boeing; Citadel; worst bond rating (along with NJ) in the country; #1-3 in political corruption (yet AG does nothing); #1-3 highest overall tax burden in the country; no little impetus to make public sector more efficient (ie billions fraud IDES); IL budget dropped about 24 hours before legislature vote-every year; ruthless gerrymandering (promotes maga–See Washington Post article of Friday… Read more »
Love George Will, my Champaign homie.
Best line in his opinion piece;
…. buffeted by progressive policies implemented by politicians who are the CTU’s poodles.
The greatest cancer in Chicago is the Chicago Teachers Union. Bust this union and fire all of these incompetent vermin.
All this failure is so easily camouflaged as ‘success’ in Illinois.
That must be true – people keep voting for it.
I hope that starts to change soon….
The CPS did not teach a generation of students anything. The CTU protect the teachers for their failure to do their job. Now the public will pay for years to come as they only have skills that are criminal.