-- Connecting the dots between our economy, government and business --
This year’s state budget includes just $12 million for the electric vehicle rebates, which is nearly a 40 percent decrease compared with what was allocated for the previous round. Brian Urbaszewski, director of environmental health programs at the Respiratory Health Association, called the system a “glorified lottery."
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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Unlike school choice, this is a program that should expire…
Porsche now claims they have a solid state battery that can go 800 miles on a charge.
https://www.yahoo.com/autos/porsche-solid-state-battery-let-103000229.html