-- 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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High impact tutoring. Ok, kids need some help sometimes – yep. But why do they need the extra help and cost paid for by the tax payers. Tutoring is extra school. Tutoring is in addition to the already expensive school district teaching. So, double school. Double staffing. Double pension to deliver an education. Is anyone looking at WHY tutoring is necessary and why the parents are not paying SOMETHING for their child’s extra tutoring? Just throwing more money at the problem and not getting at the REAL issue. Distractions in the classroom, teachers told they cant enforce discipline and get… Read more »
CTU informs City Hall that all incoming freshman (freshpersons?) will receive their diploma upon enrollment. Union officials declare 4 year school programs to be unfair, unequitable, racist and inconsistent with their efforts to serve their membership. In other news CTU announces plans to strike unless Mayor Johnson approves 20,000 more teaching jobs, and across the board 40% raises retroactive to January 2020.
I’m sure if CPS offered this high-impact tutoring it would have to be through $CTU$