-- Connecting the dots between our economy, government and business --
Ted joined Scott Slocum to talk about the latest on Gotion — that the federal government says it won’t use the the Chinese company’s EV batteries due to security concerns, the ridiculousness of giving the company billions in taxpayer subsidies, why Illinois is losing its successful young people, and more.
Read more from Wirepoints:
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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The media is majority owned by the Democrats so no the question won’t be asked or the reporter will be unhired!
Gotion is JBs baby. Doesn’t matter to him that it’s affiliated with CCP and the pollution that it will cause. He needs to be told no. If he wants it that bad, put it in Springfield or near his home so he can fully enjoy it
It is a ridiculously easy question for a member of the media to ask Pritzker. But will one have the gall to actually do their job?