-- Connecting the dots between our economy, government and business --
"While a recent Manteno board decision to rezone a manufacturing site favorably to Gotion came as a setback for opponents, the war for the industrial future of Manteno—and America—is far from over."
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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Is this plant being built to create jobs for Biden’s border jumpers?
Thats a big part of the deal.
There’s a huge error in the article. They cite half a million in tax credits from the state of Illinois instead of half a billion.