-- 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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I understand this person’s frustration. I quit teaching in ‘84 after 20 yrs. The Middle Class in urban areas have for the most part abandoned public schools. Parents and the offspring who have never known academic success collide with educators who know nothing but academic success. Severe storms develop just as they do along weather fronts!
The race to the bottom accelerates!
No mention that virtually 100% of administrators are former teachers themselves. Outsiders did not impose these horrible policies on teachers. They did it to themselves. Now they need to fix it. Obviously he doesn’t think it was done because parents want it, or he wouldn’t be calling on parents to fix it.
What a failure by this school district. High school is in many ways much more important than college as it’s where life long habits are established. I went to a rigorous high school and college was easy by comparison. Most high schoolers are slackers by default and need to be pushed to excel no matter their IQ.
I totally blame the elected local school board.
What did the school board know and when did they know it?
Does this school board regularly interview teachers for their input?
Were these horrible policies ever brought up during any election?