Ted Dabrowski
Contributor at Wirepoints
https://t.co/Eaxg4pDbuf @Wirepoints. Connecting the dots between our economy, government and people. [email protected]
Articles
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1 week ago |
wirepoints.org | Ted Dabrowski |John Klingner
By: Ted Dabrowski and John KlingnerChicago’s pension plans – and the city of Chicago by extension – avoided a reckoning in 2020 after billions in federal covid aid helped the city avoid a fiscal collapse. Some of those billions were given as direct aid to the city, while billions more filtered through the economy, eventually boosting city tax revenues. The city was spared a pension squeeze for a few years.
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3 weeks ago |
wirepoints.org | Ted Dabrowski |John Klingner
By: Ted Dabrowski and John KlingnerOne of the biggest cons the Chicago Teachers Union and Chicago Public Schools continue to pull off is convincing Chicagoans that the two are adversaries. Yes, the union and the administration “fight” and they even get downright nasty, especially when negotiating over a contract. But when they finally come to an agreement, they both end up winners. What’s unsaid is the Chicago taxpayer is left the loser. It just happened again.
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3 weeks ago |
wirepoints.org | Ted Dabrowski |John Klingner
By: Ted Dabrowski and John KlingnerIllinois continues to suck wind at creating economic growth, wage gains and job creation, according to new 2024 economic data released late last week by the U.S. Bureau of Economic Analysis. It’s a sad pattern that’s been true since before the pandemic. Illinois actually has fewer private sector jobs now than it did in 2019, in large part because the state’s GDP growth has been the nation’s 4th-slowest since then. 2024’s bad news starts with the economy.
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1 month ago |
wirepoints.org | Ted Dabrowski |John Klingner
By: Ted Dabrowski and John KlingnerChicagoans are once again about to become victims of the city’s financial mess, meaning more property tax hikes are on the way. This time it’s the troubled Chicago Public Schools that’s scrambling to figure out how to pay for $175 million in pension costs for its non-teaching staff, on top of the hundreds of millions of dollars in salary increases currently being negotiated with the Chicago Teachers Union.
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1 month ago |
wirepoints.org | Ted Dabrowski |John Klingner
By: Ted DabrowskiThe near-$500,000 salary being doled out to a superintendent in a failing school district captures the absurdity that is Illinois governance. The big-pay-for-failure is tied to at least three major problems that Gov. J.B. Pritzker and his Democratic supermajorities continue to perpetuate: near-zero accountability at public schools; the nation’s highest property taxes; and the unfairness of Illinois’ pension system. First the background.
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RT @Wirepoints: The market’s drop has cost #Chicago's 5 major pension funds $1 B+ in losses, a big deal for a city with $53 B in pension de…
RT @Wirepoints: Chicago Mayor Brandon Johnson says he wants more "safe spaces" in Chicago. Pastor Corey Brooks asks, "safe spaces for who…
Below are murder rates per 100k residents for Chicago, NYC and LA. The shaded area is the difference between Chicago and LA over the last 20 years. That higher murder rate has cost Chicagoans an additional 6K murders over the 20 years. https://t.co/D9rSdifRyr #twill #muniland https://t.co/jp3TWjijBQ
