-- 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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They couldn’t possibly attract any competent white instructors. This sounds like some glass block reverend scheme, to what end? Who understands how they think?
This is some REALLY REALLY racist stuff here. Robbins students and parents are saying that they don’t care if the white staff is qualified, and doing a good job, the only thing that matters is that the skin color of the teachers and staff be NOT WHITE. This is 100% racism, insidious unrepentant racism. They just don’t want white people. The author of the article glosses over the counter-argument that the pool of non-white people to hire from is small, and completely ignores that many of the staff are legacy when the town more less minority. THIS ARTICLE IS RACIST… Read more »