-- Connecting the dots between our economy, government and business --
Jesse Sharkey, who stepped down as president of the CTU last year, noted that many progressives were disappointed by President Barack Obama, especially when it came to his education policy.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
CTU owns the next four years. No ramp up, no blaming previous mayors. Their plan has been brewing for years now. They should be ready and completely prepared. We should expect immediate results.