-- 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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Anecdotally, I have seen a dramatic increase in junior high and high school students and their parent/guardians using “home schooling” or “online schooling” to drop out early. I think it does a disservice to those who are truly homeschooling their children to have these “students” in the same category as them. I think a situation in which a registration for homeschooling should at least be looked at.
“We cannot turn a blind eye to children who are not being educated,” ReP. costa. Has she reviewed the results Illinois public schools so well documented by Wirepoints and Illinois Policy
How about just leave everyone alone? You know how you solve the problem of parents failing to properly home-school their children? Stop providing any and all social / welfare benefits for able-bodied working-aged people, regardless of how they were or were not educated. It’ll take a generation, but they’ll get the message. Get some knowledge, get a skill, get a job.