Quantcast

“Get the Hell Out” of This Broke, Tax Hungry Big City

(Mish Talk) Chicago Mayor Lori Lightfoot and the Teachers Union reached agreement on a deal sure to send Chicago over the cliff.

The Wall Street Journal Editorial Board blasts Chicago Mayor Lori Lightfoot for her deal with the Chicago Teachers Union (CTU). The deal will further wreak havoc on the already insolvent school system.

Who will be hurt most?

The WSJ answers the question this way: Union Routs Students in Chicago.

Contract Details

  1. 16% raise over five years (not including raises based on longevity)
  2. Three-year freeze on health insurance premiums
  3. Lower insurance copays
  4. Caps on class sizes
  5. More than 450 new social workers and nurses.
  6. New job protections for substitute teachers who going forward may only be removed after conferring with the union about “performance deficiencies.”
  7. Chicago Public Schools will become a “sanctuary district,” meaning school officials won’t be allowed to cooperate with the Immigration and Customs Enforcement without a court order.
  8. Employees will be allowed 10 unpaid days for personal immigration matters.
  9. Under the new contract, a joint union-school board committee will be convened to “mitigate or eliminate any disproportionate impacts of observations or student growth measures” on teacher evaluations.
  10. Instead of student performance, teachers will probably be rated on more subjective measures, perhaps congeniality in the lunchroom.
  11. The new union contract caps the number of charter-school seats, so no new schools will be able to open without others closing.

Get the Hell Out

The Chicago Tribune notes that the end of 2018, City Hall’s pension funds had only 23% of what they should have.

Taxpayers will face higher property taxes, higher gas taxes, and higher sales taxes with every penny going to pensions.

The WSJ commented, “Michelle Obama the other day complained that white people were leaving the city to escape minorities who are moving in. No, they’re fleeing Chicago’s high taxes and lousy schools—and so are minorities.”

If you can’t get out of Illinois, do the second best thing, Get the Hell Out of Chicago.

[Read more…]

TRENDING NOW

Soros-Funded, Soft-on-Crime DAs Face Recalls

(Joshua Paladino, Headline USA) Philadelphia District Attorney Larry Krasner won the 2017 election on an anti-cop, pro-criminal platform, and murders have climbed 29...

White House Issuing Reports on States’ Infrastructure Needs

(Associated Press) The Biden White House is amplifying the push for its $2.3 trillion infrastructure package with the release of state-by-state breakdowns...

Brooklyn Center Looting, Rioting Sees Several Businesses ‘Completely Destroyed’

(Newsweek) Looting and rioting erupted in Minnesota's Brooklyn Center area after an officer shot a man during a traffic stop in Brooklyn Center,...

9 Money Numbers You Need to Know

(Liz Weston, NerdWallet) Your doctor needs to know certain numbers to judge your physical health, such as your weight, your blood pressure...

Who Is Experiencing the Most (and Least) Price Inflation?

(Economic Policy Journal) According to Bloomberg, low-income Americans are getting hit hardest by price increases as the economy starts to open up.