-- 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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Who is this clown that wrote this hit piece on school vouchers. Cites unreasonable requirements from several small schools and paints it onto all private schools. Glad he is not teaching anymore as he clearly has an agenda. Regarding the topic, we will see if Cupich can get over his love affair with Pritzker and use his platform to strongly advocate for vouchers to continue. I have concerns that he chooses liberalism more than the schools. He is learning the hard way about go woke, go broke. Also, his alignment with Pritker and forcing the church shutdown during Covid (when… Read more »