-- 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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Hmm, there was a ceasefire in effect on October 6th. What happened?
I support this, but only if they all hold their breath until the ceasefire happens.
Of course the Palestinian war dominates teacher union meeting. Why would they discuss anything so mundane as educating children as they are paid to do? Their mission is to remake the world to conform to their obviously superior ideas.
Sure would be a giggle if WP readers make up the majority of hits on Second City Teacher site.
Has the CTU ever voted for a ceasefire in Chicago?
Maybe they would have more kids in their classrooms if they had.