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.
So you are going to tell large commercial real estate owners (often indirectly public pension plans) that the property you refused to protect, have completely bungled policies to get people back downtown and impose an absurd amount rules on (Labor, permitting, code, city hall) that you are going to raise their taxes.
Good luck with that, you cant even get Target to take Water Tower Place. Expect to see a number of large trophy buildings on the selling block soon. Zell will be waiting, he’s not called the Grave Dancer for nothing.