-- Connecting the dots between our economy, government and business --
"Chicago's economy is thriving and our business sector has set records, keeping us competitive with top global financial cities," Mayor Lori Lightfoot said in a press release highlighting her trip to London and Paris this week. "Chicago’s economy is thriving and poised to have the best economic recovery of any big city in the country."
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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Some of this stuff Lori spouts is an indication she’s usually shitfaced!
“The best economic recovery of any city in the country?” Which country? Good lord! She must never have heard of Nashville, Austin, Miami, Charlotte, Charleston, etc. etc. Now she is getting laughs even in Europe.
Who knew that Lori Lighthead was a comedian?
Seriously she’d do great in gig at the Comedy Store, lol…
This is all meaningless just family vacation as Mr Mayor will be out of a job in less than 12 months
Never underestimate the stupidity of the Chicago voter
Never gonna happen Mark he/she has no base to build from and as of now theres 5 black candidates maybe more to come means he/she doesn`t even make a run off Beetlejuice is DEAD in the water
I suspect that she surrounds herself with people too afraid to speak the truth, lest they find themselves the focus of her anger, so they tell her what she wants to hear…
It’s all sunshine & rainbows in LL land, meanwhile the lingering smell of a burning city gets stronger & stronger…
She may be right to a degree. Hospitals/ER’s are working round the clock taking care of shooting victims but not making money since none have insurance. Cops working overtime to arrest criminals so they can just be let go by the state’s attorney. Catalytic convertor thefts is a booming business for thieves and junk yards. Carjackings and the mental anguish the victims incur. Gun dealers make a bundle selling ammo. Pot shops and the tax revenue they collect are a thriving enterprise. You must be stoned to live in Chicago. Any business deciding to locate in Chicago will be immediately… Read more »
She thinks Europeans are as dumb as Chicago voters. The weak are also subject to her slack jawed scowl! PIAPS! People are fleeing like an invading army is approaching. It’s like one of those scenarios where everyone knows she lies, she knows everyone thinks she’s a liar. Come to Chicago, the city will help you through a bankruptcy, for a small fee! I know from reports her entourage is 18. How many are armed security? Lori likes lots of security, it makes her look important. It’s also practical considering how wildly popular she’s become.
Does anyone think the Europeans are that stupid? Chicago’s crime and corruption stories and IL’s financial problems get world wide exposure as well as Boeing, Caterpillar, and Citadel leaving. Hard to slip past their attention. And is Lightfoot the kind of face of Chicago that impresses them?
When you’re an end-stage toxic narcissist, with zero self-awareness, these are the delusional statements that come our of your mouth.