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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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Chicago Teachers Union – and therefore since the Janus ruling all willing compliant members of CTU – are the root of all evil in Chicago. They are a Cancer that needs to be expelled. Period.
I read the opinion piece and it seems the crux of Stacey’s gripes are with working conditions. Old facilities, understaffed classrooms, lack of extra-curriculars. And being totally honest, she’s not wrong. CPS does suck and it has sucked for 100 years. CPS is a large, antiquated, unwieldy system with high legacy costs, with expensive fixed costs per student (due to ESL, free food, IEPs), and in many areas, limited parental engagement. There are ways to sort of alleviate, but not fix, these problems primarily by closing schools and cutting costs in other areas. As WP has discussed, closing underutilized schools… Read more »
Stacy has quite a salad bowl of assorted reasons why the Chicago students fail. As I read her comments I am reminded of of that often quoted line from Hamlet “The lady doth protest too much, methinks.’ Lets face it; Stacy blows a lot of smoke to cover the most probable cause of many student’s failures and that’s the classroom teachers themselves.
Stacy will be talking about the same line of BS for the rest of her life. What she won’t talk about is personal accountability. That’s something that requires a little effort and character. She has no interest in either of those.
Let’s ask her why she sends her kids to a magnet school and further more why as a president of CTU have you now jumped on the band wagon with Mayor Johnson to oust Pedro Martinez, also why do you not travel to all the public schools including the high schools to view a typical school day
guess you a very busy person!
No, you’re outspoken because you preach equality, but send your own children to a better school. Because you feel the teachers need for a bigger paycheck out weighs an education. Because you turn a blind eye to the dismal quality of education that the CPS provides. Lastly, because you run up bills not paid until shamed into doing so( 3K water bill) and tried to run a tax scam on an out of state property.
Heaven forbid they learn how to read.
Heaven forbid they learn how to read. They may figure out how the CTU has scammed them.