Chicago Teachers Union contract demands are totally divorced from reality – Wirepoints
Details emerging about Chicago Teachers Union’s upcoming contract show just how divorced its demands, both extreme and expensive, are from the reality at Chicago schools. It’s not just about massive salary increases, but also about money for migrant students, climate initiatives, abortions and gender-affirming care. About blocking parental notification. Count on CTU’s demands to veer further from reality until the public finally says no.
There’s a portfolio of properties in Springfield leased to the State of Illinois on the market. The asking cap rate is 7.8%, in the investment real estate industry 7.8% is considered junk credit. For reference Chick A Filet is around 4.5% and CVS is around 5.25%.
Not only Republicans. Anyone who has ever handled a family budget realizes IL is in deep doo-doo.