-- 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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Regulating homeschooling might be a good idea if Illinois’ school system actually taught kids….something they have an abysmal record doing!
Legislation is a way to keep tabs on the masses
“Supporters believe paperwork will ensure students are educated” LOL!!!!!!!!!!!!!!!!! Look at all the money CPS spends and their students are not educated. ISBE supports this clown show bill but turns a blind eye to the abject failure of the CPS. “Whitney Evans Harrison, a supporter of the bill, believes that if her parents had to show what they were teaching her throughout the school year, she might not be struggling with math as an adult.” “I struggle to do basic budgeting on a daily basis. I don’t understand numbers,” said Harrison. “It took me three, four years to pass basic… Read more »
On any given school day, more than a third of CPS ‘teachers’ are not on the job, i.e. truant. Ms Howard has no concern about public school teacher truancy.
“The bill would also have allowed regional offices of education to start truancy proceedings if needed for children who are not being educated while being homeschooled — the same oversight as for children enrolled in traditional public schools.”
Im more concerned about the truancy at public schools myself. Who are they trying to fool.