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One City Council opponent, downtown Ald. Brian Hopkins, had a succinct answer when asked what the negotiations cost Johnson and the CTU: “Their reputations.”
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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He delivered the contract he was hired to deliver for Spacey Stacy and the cadre at CTU.
If it were not for a bad reputation Mayor Johnson would have no reputation. It doesn’t matter if you are talking education, business or civil life, he is an utter failure.
With this contact, students and taxpayers lost.
As if the bottom feeding CTU and mayor Six Percent give a fig about their reputations. So long as they “ get dat monay!” .
Cashing in on Trump$$$$–Tax the Trump “millionaires” to pay for the guaranteed deal teacher union “millionaires”:
Trumps the perfect foil for giant tax increase….dopey taxpayer chumbalones be damned!!!