-- 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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Let’s be honest, anything that makes life more difficult for illegals, and therefore, making self-deportion a more attractive option, is a good thing. There is not universal right that requires my tax dollars to pay for your children’s early childhood education.
“St. Joseph was a big help for single parent Leonor de Leon, who recently came from Guatemala with her two children and lives in a nearby shelter.”
Is the father of your children back in Guatemala sending you remittances?
The CTU people must be thinking to themselves–this is why the kids need unionized public schools funded by taxpayers–because public schools aren’t a business. They can run out of money, but they don’t have to worry about their cash flow.
Meanwhile cps is increasing there tuition paying and non-tuition paying pre-k enrollement ,who count as cps students,to offset declining k-12 enrollment. Staffed with seiu members i believe.
That’s what I was thinking. CPS offers free pre-k for a family of 4 making $50K/yr or less (based on 2018 numbers). The increased competition puts a lot of pressure on other parochial and NFP early education centers.
https://cps.edu/Schools/EarlyChildhood/Pages/EarlyChildhoodCalculator.aspx
That’s the irony of ‘free’ – it’s tough to compete with, and those that make too much to qualify for free, but too little to pay for expensive elite preschools get the shaft. Once again, as always, always, always comes true – the middle class gets $crewed.