Ted joined Shaun Thompson to talk about about the Chicago Teachers Union’s absurd new contract demands, why so many Chicago teachers are chronically absent, and Brandon Johnson’s failed first year as mayor.
What a representation of Chicago’s plight.
The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
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It’s nice that Rivian makes cool stuff because their stock is down about 80% in the last 4 months, from $170 per share to about $30 per share. In the first quarter of this year, Amazon had a $7.6 billion write down and Ford a $5.4 billion write down to their earnings from this decrease in stock price. Both are partners with Rivian and Amazon a customer for 100,000 electric delivery vans.
Coolest thing that very few can afford so what good is it. Top of the line pickup is around 100K other models start around 72K. What will battery replacement cost down the road?
https://www.caranddriver.com/rivian/r1s
This article does not bode well for the company and Illinois
https://www.theverge.com/2022/3/2/22958066/rivian-price-increase-r1t-r1s-for-new-and-existing-reservations They are increasing prices by up to $20K even if you reserved one which Tesla does not do.
You’d be surprised on that who-can-afford-what topic. I know a few farmers who HATE paying more income tax than necessary so much that they’ll buy top-of-the-line pickup trucks costing $70,000-ish as their MSRP so it becomes a business expense. I remember one telling me his had a Corvette V-8 engine in it. That was maybe four years ago, and maybe such engines aren’t even available for pickups at this point for all I know. Again, its safe to saythe gasoline expenses for those 16 m.p.g pickups are a business expense as well. That’s how much they hate paying income taxes.