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.
No it won’t. People will leave faster than electric consumption will increase. Problem solved by progressive governance.
Other red states will require a bigger grid though.
It didn’t take long to go from green to brown.
Wish Illinois politicians would move out-of-state.
Il was the manufacturing giant of the USA and built ample power generation to feed industry the lowest rates in the nation a generation ago. Now it’s a toilet flushing it’s industry, people and future away.
There’s a video of a lady giving testimony in congress today screaming and raving at a congressman that he’s killing black people because he supports the oil industry.
These are the kind of people that started hanging witches in Salem and couldn’t stop themselves.
And Crain’s with its opinionated write ups is a part of the problem.
But props to Crain’s on this column. Frank talk about CEJA is virtually nonexistent in the press.
Dems breed dependency. What’d ya expect?
Thanks To Pritzker/Illinois Democrats’ Green Energy State Suicide Pact, Chicago Region Will Need Out-Of-State Electricity By Decade’s End