IPFS News Link • Illinois
Mish: Chicago Headed For Insolvency, Get The Hell Out Now!
• https://www.zerohedge.com by Mike ShedlockThe 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.