-- 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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Well maybe Pritzker can explain how he plans to have a million EVs registered in the state by 2030 when only 32,000 were registered in the last 12 months. Talk about being delusional.
Here’s another story about EV’s-Motion sickness
https://www.yahoo.com/news/real-thing-drivers-passengers-report-090017600.html
So it starts, low income rebates what a bunch of sh… The people who are low income cannot afford a EV. If we allow this to move forward then what the hell how about low income purchasing of a BMW, Mercedes, Bentley, Rolls Royce. Let’s not limit to EV
Only.
Low income buying an electric car?
That should reduce the cost around ZERO, low income would probably struggle to pay an electrician to install a charger one IF they owned a home.
The goal is for them to not use a car at all. This is not hyperbole. The progressives see car ownership for the working class as a ‘trap’. They believe car ownership keeps them poor. They see working class folks as ‘trapped’ into making car payments, buying gas, paying for insurance, paying for repairs. This eats up much of their disposable income. But the problem is that poor working class people don’t see car ownership that way, they see car ownership as a way to make their life easier and give them mobility that being carless doesn’t provide. Having a… Read more »
Yup, debtor, *exactly*… these “progressives” want to *keep* people poor! IIRC lower – income workers are the largest percentage of the workforce using private vehicles to get to their jobs. And lower – income workers with cars have access to **30** times as many jobs than are available via public transit, here’s one article (excerpts). https://ti.org/antiplanner/?p=13890 Helping Low-Income People Reach Jobs By The Antiplanner | November 16, 2017 | Transportation “What is the best way to help low-income people — a group that disproportionately includes blacks and Latinos — get access to jobs? That question is certainly not answered by… Read more »