-- Connecting the dots between our economy, government and business --
While office towers sit empty and nearby businesses struggle to pay their bills, residential neighborhoods in America’s biggest cities are bustling again. The pandemic and remote work have done little to dent the overall appeal of cities such as New York, Chicago and Los Angeles, foot-traffic and rent data show. But “The increased vibrancy of great urban neighborhoods will never be enough to offset the decline in property-tax revenues caused by remote work and the falling values of commercial office buildings,” one city planner said.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Audio and summary
I guess the WSJ decided to publish an article that might pull some clicks away from the Atlantic and Mother Jones’ websites.
Some of this article may be true but what will the collapse of downtowns do to the revenue stream? They will raise taxes for everyone else. Here’s a new article/podcast from Natural News saying the opposite. https://www.naturalnews.com/2023-05-30-death-of-the-american-city-nine-trends.html
When the thugs are done with downtown they will move to other ares like locusts. Where is Moses when you need him?