From downtown Chicago to the neighborhoods, here’s how the mayoral candidates are vowing to strengthen the city’s economy – WBEZ (Chicago)

Mag Mile“We’re not back to where we were pre-COVID. And we really need to have (an) understanding of Chicago being a safe and prosperous place for people to do business,” Laurence Msall, president of the Civic Federation said, later adding: “We have not seen the level of growth that some of the large cities have seen.”
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Poor Taxpayer
3 years ago

The Chitty of Chicago is not a safe place to be. Just ask all the retired Chicago cops in Punta Gorda. They cannot get out of town quickly enough.

Wally
3 years ago

Casinos, NASCAR races, and guaranteed income is not what is meant by attracting new businesses, restaurants, and manufacturing. Less sales tax and crime are reasons businesses outside Cook county are holding their own. And what good is converting retail spaces to residential when people are moving out? And if crime is driving businesses out, why would anyone want to live there?

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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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