-- 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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By all means, let’s take time away from the students to study pre- enslavement black history, which must mean the study of African history. Can we also look into the history of Scottish clans in the Highlands, the life of a serf in Germany, etc. It seems, from the test scores and level of aptitude of “ graduates “ , that there isn’t enough time devoted to useful information as it is. American history began when the Mayflower landed. Let’s keep the study of America within that scope and students that want to go beyond that should do so on… Read more »