-- Connecting the dots between our economy, government and business --
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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Whoever decided Joe was the man was brilliant! How can you hold an idiot responsible for anything! Particularly if you voted for the idiot!
So, there is not enough electricity to keep people cool in the heat…
Here’s an idea…
Lets double the demand for electricity by pushing electric cars on everyone…
Brilliant…
I’ve come to the conclusion Illinois is the testing ground for the left.
LOL, wrong conclusion. The progressives aren’t testing anything. They’re merely implementing their insane ideology here first because they can progressives run Springfield. A few years back, the progressives won many Democrat primaries throughout the state. Winning the primary in a D district means an automatic election win. The Black caucus is extremely progressive too. Any D not considered progressive enough is immediately primaried by a progressive further to the left. For example, in 2019, an extremely left wing progressive Jewish Rabbi (Rep. Yehiel Kalish) voted present on the Abortion Bill. The progressives were unhappy with that vote and primaried him.… Read more »
The party system has to be abolished . No majority or minority, only individuals.
A real solution to energy won’t be reached from the political side until the actual players, ie. the engineers, are engaged.
Right now, you have all the other majors from campus clutching their pearls and crying in anguish about climate change.
And look where they’ve gotten us.