Illinois Has A Huge Problem...
...which is that the truth is drowned out almost all the time.
I think I should just redirect my feed over to Glen's place, where there has been such lucid writing of late regarding Illinois' fiscal situation.
Bob Lyons' piece is a must-read. He says a lot more than what I've clipped below, but it's is important to keep these things in mind because you never hear the Civic Committee people admit to these facts, except when they blurt them out accidentally in a green room and get called on it.
Of course, if the State had paid TRS what was due each year, the System could be nearly 80% funded today and the State would need to pay only enough to fund the pensions of current teachers. While
I think I should just redirect my feed over to Glen's place, where there has been such lucid writing of late regarding Illinois' fiscal situation.
Bob Lyons' piece is a must-read. He says a lot more than what I've clipped below, but it's is important to keep these things in mind because you never hear the Civic Committee people admit to these facts, except when they blurt them out accidentally in a green room and get called on it.
Of course, if the State had paid TRS what was due each year, the System could be nearly 80% funded today and the State would need to pay only enough to fund the pensions of current teachers. While