-- 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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I understand that mobile repair charging trucks are now becoming more common on the roadways to quick charge doa ev’s
Why does the writer clamor for “Public Charging stations”? Why should the public pay for this? Let the free market ptovide if there is an economic reason and profit opportunity. Otherwise its just the dumb and continuing failure of socialism.
For the same reason assorted giveaways are granted to companies like Amazon
US is nowhere near ready for electric cars
— unaffordable
— dangerous battery fires
— short range/long charge times makes them useless for long trips
— US electric grid unable to handle load of EV charring — even if chargers were located where needed
— minerals needed for EVs would require mass scale strip mining that Eco-Tards would bottle up in court for decades
Two additional huge problems. – The elimination of ICE vehicles, which is the goal of the green zealots, is a national security issue. You would think that after a global pandemic that no one prepared for, large societal changes should be subject to “what ifs” on black swan events. Imagine an all EV California after a major earthquake. “Sorry, we can’t send out an emergency vehicle, it’s recharging”. – Many lower income Americans depend on used vehicles for their mobility. Here in North Carolina I regularly see 20 year old and older vehicles that lower income people depend on. In… Read more »
Solution, if you want an EV buy one, drive it, enjoy it. If you want an ICE, buy one, drive it, enjoy it. There are plenty of gas stations, I’ve seen about a dozen being built in the last 2 months or so. It appears that gas/diesel will still be king for quite awhile. If a business wants to install charging stations let them and let them bear the costs of such an install. The govt and taxpayer dollars should not fund EV charging stations, they don’t fund new gas stations. EV drivers should have to plan their driving habits… Read more »
I have no interest in the social experiment that is electronic vehicles. All I can think of is being stranded somewhere without the ability to get my car recharged. It isn’t only a distance dilemma. Too many what if scenarios that are very real. Biden, Pritzker and Mayor Petey can reassure me all they want. They have zero credibility, given that they won’t even call a recession a recession. I’m out.