-- Connecting the dots between our economy, government and business --
The $3.5 million figure for police overtime and construction stands in contrast to the $620,000 NASCAR paid: a base $500,000 permit fee a final check for nearly $120,000 to pay the city its portion of ticket sales as well as commissions for food, beverage and merchandise, according to city records. Said Mayor Brandon Johnson, “We’ve seen the fact that it was the most well-televised event, and that’s in spite of the rain. And, you know, many of the economic benefits that we’ve experienced, and even with very extreme weather there, it was still net positive.”
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.
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Audio and summary
Chumps
Not that I really care if the Bears play here but it makes you wonder why they can’t get a good deal. They’re inept on the field and I assume inept at the bargaining table.
Everyone in the sports business knows Lori Lightwieght got duped by this deal. She was so eager to get a headline deal done she didn’t do her homework, assigned only her know-nothing staff to handle it and didn’t even consult with the half dozen or more cities that have done a similar event. Just all around total incompetence.
But all the government workers got a chance to SPIKE THEIR PENSIONS, and that is what is was really all about. The actual numbers will be far higher than reported as pensions are paid for over 30 years.