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IPFS News Link • Illinois

Mish: Chicago Headed For Insolvency, Get The Hell Out Now!

• https://www.zerohedge.com by Mike Shedlock

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

16% raise over five years (not including raises based on longevity)

Three-year freeze on health insurance premiums

Lower insurance copays

Caps on class sizes

More than 450 new social workers and nurses.


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