-- 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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=Consumer grocery prices rose 25% between 2019 and 2023 and have continued to rise, but this hasn’t translated to extra income for farmers.=
A trend that has been going on for decades as the farmer’s share of final prices paid by consumer continues to decline. Nobody, except the farmer, really cares. And farmers are really a very limited voting bloc anymore. Illegals get a lot more favorable attention as there are so many, many more of them.
So nothing will change on this issue.
Just another means to eliminate the family farms and replace them with corporate conglomerates, some of them operating under dubious ( foreign ) ownership. Other than Africa, I can’t think of another country where foreign interests are allowed to gobble up land with hardly any oversight.
The goal is to fill the corporate farms with illegal immigrants aka virtual slaves. Like Sen. Majority Leader Chuck Schumer (D-NY) said several months back (And I’ve since been unable to locate on the internet), he suggested that crops won’t get picked, and will rot in the fields, without tens of millions of illegals.
Well Stated! But GOP seems to be clueless.
Notice a couple of TD’s. But they do not have the courage to respond as to why they disagree with your statement.
Another TD, probably same person, but with no counter argument.
I’m not exactly sure how farmers as a voting block would translate into them getting a higher share of the final price of food paid by the consumer. So little of what farmers grow is an input in the products we buy from the grocery store. About 75% of farmland is used for 2 crops, corn and soybeans. These 2 crops main input into the food production supply chain is as animal feed. Corn’s biggest use is as livestock feed (and ethenol) and soybean’s biggest domestic use is as animal feed as well. These 2 crops would have the biggest… Read more »
For vegetables you are correct. But for meat it is a very relevant factor. And prices for meat,particularly beef, have skyrocketed in the grocery store with no proportionate gains in livestock and grain.