-- 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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Go ahead and have them. And when they fail, they will say, they could’ve succeeded but the white man prevented enough funds to make them work.
I’ll give them credit for wanting to at least improve the test scoring gap. Most districts don’t give a crap at all and graduate students who are functionally illiterate. But the road to hell is paved with good intentions. Intentionally segregating children by race, and likely teaching them afro-nationalist nonsense interspersed with actual academics, is going to be a huge fail. But I’ll say this: if it works, and the evidence shows that this does work (and not just higher GPAs but better objectively measured test scores) then this might be something to look into, as crazy as it sounds.… Read more »
It sorta has with these black graduations. Although, a white folks only graduation or Asian graduation would incur the wrath of the MSM.
Sounds like Jim Crow to me.