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Eight Forty-Eight Monday through Thursday at 9am and 8pm; Friday at 9am
Eight Forty-Eight 6/9/2009
Experts Discuss How Chicagoland Businesses Might Rebound




 
 
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Unemployment is at a 25-year high and the credit lines are as skinny as ever. Rita Athas, the Executive Director of World Business Chicago, which helps lead economic development for the city, and Geoffrey Hewings, at the the Regional Economics Applications Laboratory of the University of Illinois at Urbana-Champaign, discuss what it will take to get small businesses and those jobs that come with it.

Event:
Hard Working Coffee House: Starting a Small Business
Wednesday, June 24 at 3 p.m.
Jane Addams Hull-House Museum
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Michael Kaye, Hyde Park // Tuesday, June 09, 2009 @ 10:03 AM

The segment was informative in that it demonstrated how divorced City Hall is from reality. The Chicago economy, dragged down by corruption and incompetence in City Hall, and stifled by bad roads and a singularly uneducated workforce, is circling the drain. Of course the Mayor's representative Ms. Athas tells another story. Her group is just a City Hall agency, peopled by corporate welfare kings like Boeing's Bell and Bill Daley, who works for the company who bought our parking meters with tax money they were given in the bailout scam. Meanwhile, in reality, it is increasingly difficult to travel across the city, with the new traffic engineering creating gridlock on city streets that matches the gridlock on the "expressways" which except between 11 a.m. and 2 p.m. move at about ten miles per hour. The city is broke, according to the mayor as he cuts services and sells public property and our future for a quick buck now, and yet millions are available to pave the parks for the putative Olympics. In this environment, it is no surprise that the business telephone directory is about half the size it was five years ago.

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