-- 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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The problem with all green plans is that politicians think all you have to do is dish out money and greenness just happens. I have yet to ever hear a plan that includes hard engineering, what parts and labor specifically need to be purchased by the trillions. Without that the trillions just go to legal bills. Cow farts are not going away unless you kill all the cows. You can’t simply pass a no farting law. Will these green woke politicians volunteer to stand in a pasture and shoot cows between the eyes with a rifle for a few hours,… Read more »
hahahhaha, the green is the color of money for buying votes, the ‘green’ has nothing to do with ecological soundness!
But Cory Booker says going vegan is the answer, I guess no more meat means no more cow farts. Instead of PETA throwing paint at people in furs yelling “You’re wearing someone’s mother” they’ll throw tofu patties at you and yell “You’re eating someone’s mother.”
The goals are admirable. Chicago’s recycling program is a big joke and should be low hanging fruit. But since Chicago’s going to have its hands full with lead abatement in the plumbing for the next couple of decades, there’s going to be enough resources for much else. Typically, when govt sets too many goals, it accomplishes none.
there’s *not* going to be enough resources for much else
Especially if they keep replacing waterlines with city worker working t&m instead of contracting out,,a unbalivable absurdity
Not that I read the Crain’s article, but their plan has nothing on Bernie.
https://www.dailymail.co.uk/news/article-7383255/Bernie-Sanders-unveils-16-3-trillion-Green-New-Deal-climate-plan.html