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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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CPS enrollment drops. Factors hidden in the curriculum. Woke-ism. Neo-Marxism Indoctrination. 1619 Project. Critical Race Theory.
Eyes Wide Shut: Greedy Chicago Teachers Union limitless demands. Masked students held hostage
yearlymonthly by CTU strikes. Frustrated parents leave Chicago. End. Of. Story.the proposed vax mandate should take care of the rest .. .soon will have more teachers than students Maybe nipple gal can take more time on holiday
It would be interesting to know how many black and hispanic movers moved to the suburbs and enrolled their children in suburban public schools. There are good reasons for parents to not want their children to have to attend public school in Chicago.
Fake progressive activists types in position to benifit will give a ton of reasons for cps student decline ( systemic racist disinvestment is a popular conard) always blaming someone else.. but what’s never asked, is why would any young family staring out choose Chicago/Illinois as a viable place to raise a family??…would it be the 2nd highest prop tax, 10.25% sales tax and on and on for mediocre services at best. Young folks/ young families want to dream of the FUTURE, not the burden of the supposed owed $1/2 trillion in debts PAST imposed by the self-serve (ppf) political class… Read more »
The slowing growth of Latino families and steady out-migration of Black families – two groups who require more resources (like ESL) and funding then typical school enrollment – should, technically, make the school district more “profitable”, no? If enrollment decreases for the groups that under-perform, shouldn’t overall performance increase just from attrition?
Let’s hope part II of this series takes a deeper dive into enrollment declines instead of the superficial “fewer babies being born, black families leaving Chicago”. We all know the real reason for declining enrollment: The academic performance of CPS schools have declined like a rock falling to the bottom of Lake Michigan. This coincides with a new generation of teachers more focused on Woke and teaching students to be hyper-aggrieved over mostly exaggerated events from hundreds of years ago. Few with any means send their children to CPS anymore outside of a handful of north side and near west… Read more »
“Few with any means send their children to CPS anymore outside of a handful of north side and near west side parents” Watch this group. They are pulling their kids out en-mass and moving away. A lot of that group was willing to trade being the tax donkeys for the city for the decent schools the northside offers but the Demonrats broke that agreement and now Ken and karen are looking in DuPage and Lake County or out of state to spend their large income taxes. Good job Chicago, it took 30 years to get the high earning families back… Read more »
The elementary schools in my suburbs are bursting at the seams, every classroom is filled, they have modular trailers outside some of the schools as classrooms because there are too many kids. The district hired ‘experts’ a few years back to predict future enrollment, and the ‘experts’ said slight decline in enrollment. Holy smokes were they wrong. In an era of a baby bust, with fewer people having children, the upper middle class is breeding like there’s no tomorrow. A not insignificant number of families here have three kids, and some even have four or more. And these aren’t religious… Read more »