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The region’s three major transit agencies are hoping $375 million in Inflation Reduction Act funds will usher along their transition to zero-emission fleets by 2040.
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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Chicago should worry about implementing a zero crime policy before the scam zero emissions which is a bs scam because they burn coal to make the electricity, but thats too complicated of a thought for the pea brain libtard moron zombies out there…… but how about locking up all the idiot criminals, but cant do that, those are the democrat voting base and it be WAYCISSSSSSS!!! lol
YOU ARE SO RIGHT
There is so much wrong with this ridiculous boondoggle it’s difficult to know where to begin. Is it the laughable characterization of hundreds of millions of government spending as “inflation reduction”? I mean, everyone knows that if you want to reduce inflation you pump a load of money into an already hot economy, right? Those Biden Admin whiz kids sure seem to think so. After all, as Biden buffoon Yellen assured us, the record setting inflation Slomo Joe caused was transitory. Except it wasn’t, and still hasn’t been tamed. Then there’s the sad fact that electric buses don’t work that… Read more »
Spot on, Ex. And now Lion Electric is laying off Joliet workers. They are subsidized by IL to make electric buses.https://www.shawlocal.com/the-herald-news/2024/04/18/lion-electric-in-joliet-laying-off-workers/
Mark- This is what CTA should invest in-Electric Streetcars. They worked pretty well for the most part for decades. Sometimes the cables disconnected but could easily be reconnected.
https://www.wbez.org/stories/chicagos-first-streetcars/99549ae6-2b2f-48c7-a9ad-167cb512faec
Another option are Rickshaws. The Sedan model on the link could be reserved for the Elite like the governor/mayor/etc.
https://www.britannica.com/technology/rickshaw-vehicle
Why should the taxpayers put money into expensive trash like this, gasoline works just fine, CO2 isn’t an issue, its only .004% of the atmosphere. Why are you buying into the complete nonsense?
Because this moved a lot of people around for many decades and mostly pollution free. I remember riding the trolleys when I was young. San Fran still has them. As for the rickshaws that would give all the migrant jumpers jobs carting people around and getting exercise to boot which will save on healthcare. Maybe rickshaw medalions???
No one is except obiden and dems…….called control
I love to see layoffs in the communist state of Illinois, what will be even better is when the pension system goes bankrupt and all the idiot democrats are left with nothing, going to be hilarious to watch
Mayor Pete and democrats say roads are racist so have to destroy them because its racist for people to go to work. Also doesn’t help inflation when the animals of Chicago are ransacking and looting all the stores, $400 billion in theft nationally makes prices go up, plus the price of oil, plus the intentional restriction of the supply chain, plus raising high school jobs to $20 an hour by the anti white racist democrat party. All the crap that’s going on and they focus on coal burning electric buses lol the stupidity is off the charts with democrats
This guy is running on his GREAT economy……NOT……..scary that people are even considering a vote for the dem party!!