Craig’s Chicago Business acknowledges that the children in Chicago public schools need what the Chicago Teachers Union won in their contract negotiations. But still, they wonder, are taxpayers willing to pay the price? 

Now that financial details of the pact are starting to trickle out, it’s clear that the mayor was telling the truth—that is, for the teachers. And that truth raises a very significant question of whether the unprecedented, potentially $1.5 billion mayoral bet will be worth the cost to already struggling Chicago taxpayers.

That $1.5 billion figure comes from the Chicago Public Schools’ budget office. It’s at the high range of what officials say the new CTU deal will cost over the next five years cumulatively…

“The union won the strike. They absolutely won,” says Paul Vallas, a former CPS CEO who was one of Lightfoot’s rivals in the February mayoral election. “It’s going to be impossible for them to come up with that much dough without major tax increases if (Gov. J.B.) Pritzker does not fully fund the state’s new school-aid formula.”

Pritzker is working on that. But as Vallas noted, doing so likely depends on voters next year enacting the governor’s proposed graduated income tax amendment, and that’s no sure thing.

Overall, there is little dissent that putting increased staff resources into particularly needy schools—as the contract requires—is the right thing to do. Eventually, that should result in higher graduation rates and kids better prepared to enter the job market.

It is always good to get Vallas’ views, since he privatized schools in Philadelphia and New Orleans as his budget solution and ran unsuccessfully for mayor, governor, and lieutenant governor.

Are the voters in Illinois willing to pay higher taxes to improve conditions of learning, to assure smaller class sizes, and to get better prepared youth?

The Chicago teachers’ strike represents a change in Chicago, for sure. The harsh policies of Daley, Duncan, and Emanuel are over. A new day has dawned, with national implications.

“It’s a definitive shift in the entire landscape, not just in Chicago, but throughout the U.S., away from privatization, school closures, charter schools, and the kind of Koch Brother-funding of private schools instead of public schools, a threat we’ve been fending off for the last 30 years,” said Jackson Potter, a high school teacher and union bargaining member in Chicago.

Potter continued, “This contract really represents advances—and not just trying to preserve what we had or prevent the annihilation of the public system—but how to expand it, fortify it, and have a considerable [investment] in low income students of color and their communities that starts to look more [like] what we see in wealthy white suburbs.”

The contract dealt a blow to the charter industry, with “hard caps on charter school expansion and enrollment growth.” The rightwing Heartland Institute called the settlement “a death blow to charter schools in the Windy City.”

Alas, the sustained efforts of the Disrupters foiled by one powerful teachers’ strike, joined by Chicago’s progressive new mayor!  Their policies of austerity and privatization undone. Calling the world’s smallest violin.

Thanks to the invaluable organization “In the Public Interest” for assembling these sources in one place.