An estimated 4,400 Chicago-area businesses have closed during the pandemic. 2,400 say they’ll never reopen. – Chicago Tribune

The Chicago area has suffered the fourth-highest number of closures among the nation’s metro areas, behind Los Angeles, New York City and San Francisco.Restaurants and retail were the hardest-hit sectors in the Chicago area.

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Governor of Alderaan
5 years ago

This is great news for Democrats. They see the pandemic as their long-awaited chance to abolish capitalism and create complete dependence on them.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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