In this interview Ted covers:

  • Mayor Lightfoot’s proposed 2020 budget that relies on taxes and one-offs, meaning  more trouble and more deficits next year.
  • Expect Lightfoot to pass property tax increases if she doesn’t get what she wants from Springfield.
  • Chicago has record deficits, junk credit, growing out-migration and a poor housing market despite the strong national economy.
  • Why Chicago’s junk credit rating matters during a boom economy.