-- 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 will it take to build a more equitable Chicago?” Let’s begin with school choice.
What will make South and West Sides more equitable? You can’t give cash-handouts and expect “inequity” problem to simply go away. What’s needed, and probably politically unpalatable to this generation of politically-correct virtue-signalling “restitution” politicians: 1) Stating the obvious: quality education, real educational achievement, and ability to perform math, reading, and writing skills as 12th grade level. 2) Requiring CPS, and more importantly CTU, acknowledge and require teachers to perform at that same educational standard of actually having 12th grade level math, reading, and writing skills themselves. Because if the teachers can’t perform at minimum standard, then how can their… Read more »
What if CPS spent billions, and met these demands, and nothing improved?
what if they offered night classes for adults to learn to read better and no one showed up?
Not a fan of Zopp, whose entire career is “affirmative action baby” mode. Couldn’t achieve her status in private-sector. Typical “Jack & Jill” Black elitest.
Andrea Zopp is a racist, con artist, incompetent loser affirmative action queen who got everything because of her color. She is not even to be quoted anymore.
Andy, you and your schpeel are so yesterday. You need to update your minstrel show.
Sure, we can invest huge sums of money on the south and west sides, or we can flush the money down the toilet. Pretty sure the results would be the same.
Andrea Zopp is just another Chicago blowhard. She had to get in that she was deputy mayor under the Gonnif. What did she accomplish besides blowing her horn.
“What did she accomplish besides blowing her horn?”
Maybe the mayors too…