-- 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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Illinois Public Schools who stick to this approach are doomed to continue to train activists vs. educated thinking people. The current board members and teachers must be of an age to be those that have been taught to think that the United States is a bad place and only the US committed what are considered today to be atrocities. It is simply not true…When a little light research would show the history of society through the ages behaved similarly. The determination of whether it was good or bad is based on the times you evaluate the event. You can’t teach… Read more »
Your comment is well-written. To build on it, some part of every generation in our country looks with disdain on previous generations. Those people will be unpleasantly surprised to find that when they become a certain age, they’ll be the recipients of such disdain.
Also, what’s myopic is for some people to think that racism is unique or even predisposed to one race. Yes, studying world history would be eye-opening to such thinkers.
Illinois has statutory mandates for woke teacher training. Even if those are eliminated, woke education will remain among the most intractable problems we face because so many teachers are themselves radically woke and left.