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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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This reminds me of “One Flew over the Cuckoo’s Nest” People in the school districts are medicated with Prozac-Abilify-Risperal-Zyprexa-Ritalin-Vraylar-Lexapro-Zoloft-Paxil-Luvox/etc and those are just the administrators. The kids are in far worse shape.
This sounds good on the surface…EXCEPT: The morons in the legislature have already endlessly micromanaged school discipline to the point where school employees see it as too risky (for them) to discipline students who may be physically dangerous to other students or staff. In other news, confirmation of what I’ve always noted, that Special Ed teachers are often former SpEd students: “State Rep. Jonathan Carroll, D-Northbrook, said he expects to file legislation that would ban the use of isolated timeout in schools altogether. A former special education teacher, Carroll wrote an impassioned blog post about his own experience as a… Read more »