-- Connecting the dots between our economy, government and business --
Soybean yields in Central Illinois averaged from 70 to 80 and 90 bushels per acre, with some farmers reporting 100 bushels per acre. So “pretty darned good” in the end, after a challenging start.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Rest assured and don’t worry, before long, the progressives in Illinois will destroy this too. Destroying food production has always been the one of the progressive’s primary goals….they starved millions of Kulaks in Soviet Russia, Mao destroyed farming when he formed agricultural collectives, Venezeula’s Chavez destroyed logistic networks to transport food from the farms to the urban areas.
Thanks to all the hardworking farmers who keep us fed and comfortable!