It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
59 Comments
What a representation of Chicago’s plight.
-- Connecting the dots between our economy, government and business --
The community organizations will identify vacant sites in their neighborhoods, negotiate leases, and recruit small businesses for test ventures and pop-up shops. Mayor Brandon Johnson said in a news release, "We need to invest in our small businesses to generate economic activity, and the Small Business Storefront Activation Program will bring to life storefronts across the city and much-needed economic stimulus to business corridors in historically disinvested communities."
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Twelve Illinois Congressmen vote against bill to give federal custody to non-citizen defendants charged or convicted with assaulting cops – Wirepoints Quickpoint
May 17, 2024
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The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Chicago Teachers Union Plays Hooky – Wirepoints in the Wall Street Journal*
May 17, 2024
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The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale
May 17, 2024
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Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
Public education staffing has ballooned over the years…yet kids still can’t read – Wirepoints on with Jeff Daly of WZUS Decatur Radio
May 17, 2024
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Ted joined Jeff Daly to discuss how politicians can never spend enough on education despite there being no accountability for that spending, the growth of education staffing across Illinois, Mayor Brandon Johnson’s $1 billion demand for Chicago schools, why Gov. Pritzker is providing $830 million in taxpayer subsidies to struggling EV carmaker Rivian, and more.
Galena IL had a problem of vacant store fronts several decades ago. They turned it around by filling the stores with restaurants and quaint, kitschy knick-knack shops, and now it’s a shopping destination in an old, historic town. Can Englewood and Norwood Park do the same?
That’s funny!
While the storefronts remain vacant, owners get a substantial real estate tax break.
Higher taxes would incent owners to find some productive use, or sell to someone who will. Probably would be more effective than this curious grant program.
Hmm, if entrepenures could make a profit those store fronts wouldn’t be vacant. Gee, why can’t they make a profit? I’ve got a few thoughts on this phenomenon BJ.
A $3 mil equity hustle joke…pathetic