Sunday, July 21, 2013

7-21-13 Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.

Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.:

Road Trip Week 2





Mark Stefanik: The pension is not the problem. Part II. It’s a wonderful life.
By Mark Stefanik Nobel prize economist Paul Krugman has exposed the fallacies and distortions of the pension crisis crowd. Tax expert extraordinaire Ralph Martire absolves the Illinois Pension plans of any blame in the State’s fiscal mess. He even points the way forward with specific remedies for fiscal health. So why is the Committee of 10 still meeting? Why is the phrase “looming pension crisi


The in box. Paul Krugman on “the big pension scare.”
Paul Krugman, NY Times: OK, this is quite amazing: Dean Baker catches the WaPo editorial page claiming that we have $3.8 trillion in unfunded state and local pension liabilities. Say it in your best Dr. Evil voice: THREE POINT EIGHT TRILLION DOLLARS. Except the study the WaPo cites very carefully says that it’s $3.8 trillion in total liabilities, not unfunded; unfunded liabilities are only $1 tril

7-20-13 Fred Klonsky | Still a retired public school teacher, looking at the data ALL WEEK LONG .
Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.:Road Trip Week 2YESTERDAYCPS fired my friend Xian Barrett and 2112 others.Sun-Times: CPS calls teacher’s mom to tell him he’s getting laid off BY LAUREN FITZPATRICK Education Reporter lfitzpatrick@suntimes.com July 19, 2013 12:18PM Gage Park High School teacher Xian Barrett learned Friday morning he wa