-- 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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DEI and a new Fine Arts Center? What jobs will these initiatives prepare students for? Will they be able to eat, much less pay back with student loans now necessary to pay for the inflated tuition and fees to attend this institution?
It’s time these businesses (that’s what universities ultimately are) experience a correction. No student loan forgiveness UNLESS all future student loan will be administered solely by the issuing school and funded directly by their endowment and make these loans dischargeable in bankruptcy.
The Great Unversity Reset
We can only hope – but don’t bet on it.
ISU is CPS in a dirty mirror. It’s perfect.
So if a student identifies as a turtle, will they build him an aquatic center so he feels welcome?
Worse yet-What if the student identifies as a politician? Does he-she-they-them-centaur- or IT get an account in the Cayman Islands upon graduation?
Hmm, does inclusion mean I could be included on receiving some of this newfound money?
Instead of focusing on D.I.E. virtue signaling and nonsense, how about you lower tuition and improve educational outcomes?
In your efforts to be accommodating to all, you waste valuable resources and shortchange students and turn off taxpayers.
BTW: in case you’ve forgotten, taxpayer contributions support your institution and fund your salary, President Terri Goss Kinzy – and most aren’t buying into your woke agenda.
If ISU wants to be accommodating they should stop hiring highly paid DEI employees and keep tuition affordable