-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
How does the statement “treat all students with respect and dignity” work out for white students in the critical race theory classes? I’m very curious. How does blaming white students for all the evils in the world promote respect and dignity?
It doesn’t.
Very little of what is going on in the school systems makes any sense at all.
Judgements based on an accident of birth (skin color) is call racism, yet when it applies to white folks, it’s social justice or racial reckoning or equity or some such nonsense.
Happy my grand kids aren’t being educated in IL.