Given where Chicago is right now this new stadium proposal is a bad idea and a bad deal – Wirepoints on The Chicago Way with John Kass
April 26, 2024
11 Comments
Ted was on The Chicago Way with John Kass and Jeff Carlin to discuss the proposed $5 billion lakefront stadium project proposed by the Chicago Bears & Mayor Brandon Johnson, why Chicago is struggling compared to other metro areas across the country, why the city might or might not go the way of Detroit, and more.
Some Illinois lawmakers continue to deny that covid aid and other federal stimulus bailed the state out of its fiscal mess. But a look at past and projected revenues from COGFA shows just how much the bailouts blew out the state’s revenues. And now that they’re over, how much harder it will be for Illinois revenues to grow.
Election integrity – both real and perceived – is essential to government’s legitimacy and stability. Illinois, like the rest of the nation, better fix its problems now.
Ted joined Dan and Amy to talk about Chicago’s latest bond offering, why Chicago’s dismal home value growth is due to poor policies, the next $70 million to be spent on migrants, the 9% salary hikes demanded by the CTU, and why Illinois lawmakers voting to stop Chicago’s selective enrollment schools from being closed is hypocritical.
Weekly crime statistics from the Chicago Police Department: Report through 4/21/2024.
None of these chuckleheads are capable of doing basic math (CPS grads probably) or following the inevitable toppling of dominoes. Tipped workers go to fixed $15/hr. Already fixed workers go $15 to $18, $18 to $20, and so on. Owner has to raise prices to keep up. The relative buying power of the ppl at the bottom has not changed. The wealthy don’t care bc it’s such a fraction of their wealth. But those if us in the middle are screwed. My salary doesn’t increase, but my sub sammy with cheese fries from Bob-o-Rino’s now costs 25% more.
It’s all about the money. Everyone is caught up in its more equal and better for the worker. That’s a bunch of BS. It’s all about taxes. In many cases, I know some will be surprised, those tips do not, wait -show up on a tax return. OMG! Imagine that. Someone trying not to pay taxes, but if we raise the wage and make everything W2 then guess what … increased income tax revenue, SS taxes and Medicare Taxes. Well maybe if all those workers keep their jobs. It is just another way the Communists are stealing money from businesses.… Read more »
This is not about better pay for restaurant workers. When I was young I worked at a few restaurants. Why a few? Because you could always find a job where the tips were better. Do you think a server at a high end restaurant wants to give up tips for a fixed wage?
This is nothing more than the initial stages of unionizing all restaurant workers. How good do you think your service will be when the server knows the union has his back.
The $1,500 a day violation is great work for lawyers, and a great way to small restaurants out of business.
Many will no longer tip, or they will tip far less. Hope they know being a salaried worked kind of sucks.