-- 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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Far to late – that train left the station with Bruce Rauner.
The U.S. military offered the ASVAB (Armed Services Vocational Aptitude Battery) years ago. It did a fairly accurate job of matching recruits to positions where they could perform efficiently. I think all CPS employees should be required to demonstrate their proficiency through a testing battery. There are people teaching arithmetic who think 1/3 + 1/4 = 2/7. There are people teaching English who can’t differentiate between to, too and two or there their and they’re.
School choice is the civil rights issue of our time — the key to setting Black kids on a path to success
Not going to happen, not in your lifetime.
CTU and CPS are not in it for education. It is all about money and shit pots full of it.
CPS is the wholly owned subsidiary of the terrorist organization CTU. School vouchers for all.