-- Connecting the dots between our economy, government and business --
Clean energy businesses in Illinois added more than 3,600 workers in 2022, now employing 123,799 people in Illinois. According to the analysis, clean energy and clean transportation companies employed more than 734,000 Midwesterners at the end of 2022, a nearly 4 percent increase from 2021. Nationally, clean energy employment grew 4 percent.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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