-- 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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Each EV weighs 2500 more than regular cars. So for every 20 cars you add 50,000 lbs. Now lets say you put them on the top floor of a parking facility and maybe put another 50 throughout the upper floor. Will these parking structures be able to hold the weight ? Not to mention they are hard on the roads which suck already and you go through tires every 18 months. Oh and then electricity. Great plan not well thought out
Tax the EV’s by the mile.
EVs: An idea so good it was mandatory.
Reminder: The Climate does not care what vehicle your drive. If you ‘want to make a difference’, skip the virtue signaling and go volunteer at a food bank in your town or donate to it.
Remember with smart electric meter the power company can regulate the power into your house . Only give you 110 power and kill the 220 voltage . So no air conditioner or EV charging .
1/2 the people that have them now would not buy another, the EV market is already saturated.