According to a lead story in Tuesday's print Chicago Red Eye (the baby sister of the Old Man Anti-Union McCormick's anti-union Tribune), the Chicago Board of Education offered Chicago Teacher's Union members pay raises in increments of 3% the first year and 2% for the following three years. According the the Red Eye, this amounts to a total of 16% for all teachers.
Now, I was taught by those same CTU teachers, and I'm more of a humanities person myself, but I don't think that math adds up...
Yeah, even with compounding it's still only slightly above 9%. Sad, what kind of lies people get away with these days.
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