-- 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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Do what ! Nobody can afford these wrecks that only incinerate their owners.let’s make them as plentiful as Divvy bikes! Park an Ev in your attached garage and no longer worry about selling your home, just collect the insurance when it burns. There will soon be a time when EVs void your insurance coverage.
Go electric and be sorry. 3 hour trip will be 6 hours. Enjoy your vacation.
Not really. A three hour trip would probably be less than 200 miles and virtually all EV’s get that kind of mileage.
Too many variables to count on the “projected range” of EVs. Weather, speed, towing, hills, heater/AC on or off etc. YouTube has many stories about EV travel that show the shortcomings of EVs. “Projected range” is a pipe dream of EV users and manufacturers. Again there are many first hand accounts of the EVs not providing the travel amount boasted about. I’ll stick with ICE and drive worry free for 400/500 miles, stop for gas, and be on my way in 10 minutes and not worry about finding a working charger with the correct plugin, proper speed of charge and… Read more »