-- 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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Tell Danny that charter schools are public schools.
If Illinois families can benefit, it’s a safe bet that it won’t even be considered, leave alone accomplished.
This bill is BS, this is NOT a school choice bill, that would give YOU the money from your taxes and let YOU pick the school or even homeschool a tax credit is just a pimp on JB’s a…
Davis, another politician that his been on the public payroll for far too long, hasn’t seen the dismal results of education these days. Or he’s so busy counting cash he doesn’t care.