-- 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
Let me get this straight. Vendors need to show their materials will have to improve student performance. Hmmm, perhaps teachers need to be held accountable for improving student performance too?
Vendors need to show their products will be chock full of dumbed down, BLM, alphabet people and Marxists nonsense the little ones can easily relate to and thus have higher test scores.
There will be a measurement for if a new product can groom enough children.
Each sensible comment met with a thumbs down. We can’t say the indoctrinators aren’t paying attention.