-- Connecting the dots between our economy, government and business --
“I don’t think there’s any one reason,” said Pilsen business owner Merl Kinzie. “Student loans are due again, there’s been so much inflation, everything just feels so expensive. You can’t blame people for trying to save money.”
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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Think this through with me. Thanks to Congress and Pritzker Illinois and its taxing bodies now share in the taxation of internet sales. So a widget purchase now generates the same taxes whether bought from Amazon or the local brick and mortar outlet. Now the brick and mortar outlets need police protection and other services that Amazon doesn’t meaning it costs the taxing bodies more to get the same amount of taxes. So, my take on this is that Brandon, Pritzker et al could care les about these pesky businesses as they cost the State money that could be better… Read more »
Etsy, Ebay and Amazon is the secret for a small business with unique products to thrive. Those who think they can just rent a store front in Mayberry and sell handmade quilts and jams are gone. Thousands of small businesses are thriving when they put their shops on just the three platforms mentioned. A small exotic hardwood lumber place near me does 80% of his business from Ebay, he only has the store rented because he needs a place to store, cut and thickness plane the wood he sells.
Shop owner Merl Kinzie: “I don’t think there’s any one reason”.
Correct, not one reason, just one word: Democrats.
Y’all voted for Democrats and their policies (or didn’t vote), ignored the predictable consequences, and now are going to learn a painful lesson.
HAPPY THANKSGIVING Everyone! Enjoy your friends and families and Stay Safe.
Just a guess but most of these small business owners probably voted for any candidate with a D following their name. They are now reaping what they sowed.
Burn it all down…shop in Oak Brook instead.