-- 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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What is worth saving here, and for whom? Some few of us may have exit strategies and the ability to execute them. The rest have only despair .. plus the vote and whatever pitchforks and other garden tools are available to use against the public employees. Public employees have the guns and the greed and apparently will not be satisfied until they have the remaining wealth of the private sector and control of the futures of those who remain. These sorts of things take decades to sort out absent a more potent plague or a Chernobyl event. With diminishing hope… Read more »
Fire all teachers and dump the union!
Get over it, it’s a frickin VIRUS, NOT A DISEASE!
Get our kids back in school.
One of the big problems with your argument is always blaming it on the educational systems and the (Chicago) teacher union in particular. That’s a lot of it, but surely you’ve seen the reports of the many parents who WANT remote schooling. You and others never seem to even recognize that side of it. In percentage terms that’s a significant influence on what’s happening in terms of whether students should be present in school or not. Whether teacher attendance is concerned that’s another issue entirely and unaddressed here.
I am surprised by the number of parents who want their kids to do remote learning. But don’t you think at some point we need to just say that it is either in person or parents may choose to homeschool. I know high school students who are choosing the remote learning option because it is easier. And I know other students who are doing remote because they play sports and they are scared they will be a close contact at school and not be able to play. I also think some parents are choosing remote because they can control the… Read more »
I think its the reasons you’ve given plus the ongoing dispute here and everywhere as to whether masking and social distancing are even necessary. Some are rule follwers and some are of the opposite opinion as always.
It’s almost exclusively by class. Middle class and rich people want remote learning. Poor people want remote learning, because quite frankly, they don’t care much for their childrens’ education.
Wait ’til CTU wants to delay school opening in the Fall. Seems inevitable at this point.
Shut the system down entirely, privatize education
CTU wants to delay school opening forever but still keep their disgusting paychecks. no work for maximum pay is their goal. It has NEVER been about the kids and always been about greed. CTU is no longer a labor union and is now a terrorist organization disguised as a political party.