14 October 2022

Another Business Flees Chicago

Will the last business to leave Chicago please slap mayor Groot turn out the lights. Tyson Foods latest large business to flee Chicago, what sparked the exodus? | Fox Business

Tyson Foods Inc. became the latest large company to announce its departure from Chicago, continuing a trend in the city that many have argued is the result of the city's skyrocketing rates of crime and threatens to do harm to its most vulnerable populations.

Boeing left Chicago for Arlington, VA. Caterpillar left the northern suburbs of Chicago for Texas. Both of those departures were in June. Tyson, is leaving the city of Chicago, and moving operations in suburban Chicago, to Springdale, Arkansas.

People think of Tyson as a large purveyor of chicken, but beef and pork actually account for more of their revenue. They do sell a lot of chicken.

When billionaire Ken Griffin moved himself and his hedge fund, Citadel Securities, to Florida he explicitly said that it was rising crime that forced him out of the city of Chicago. People who worked for him were being robbed, carjacked, and stabbed on their way to work.

Chicago Police Department Chief of Detectives Eugene Roy told Fox News Digital over the summer that the city has engaged in a "stealth defunding" of the police department by failing to provide adequate resources and staffing to the department as officers leave or retire.

The reality has seen crime rise across nearly every category, something businesses are taking note of as they look toward the future.

Soft-on-crime Mayor Groot, also known as Lori Lightfoot, and soft-on-crime, non-prosecuting attorney Kim Foxx have done everything they can do to set criminals free. Because keeping violent criminals in jail is unfair. Staffing cops, and supporting the ideals of Law and Order are racist. Or something.

There is more. Comments from McDonald's CEO, Chris Kempczinski, and sparring with Mayor Groot. And comments from a paving contractor who stopped doing work in the city, because increased crime was bad for his business.

There is also a video at the link above, not really related to the story, which is an interview with a small business owner who is moving her business out of Chicago, and out of Cook County, to the suburbs. Crime is the issue.

With business goes taxes and jobs. Soft-on-crime has real-world implications that the Democrats who have control Chicago don't seem to want to address.

2 comments:

  1. Pretty soon they will be like California with no business left to tax.

    ReplyDelete
    Replies
    1. I wouldn't care really, about Chicago or Illinois, but I expect the Democrats to bail them out shortly. The pensions in the city and the state are in terrible shape. They were in terrible shape before the recent market downturn, and I can only guess that most of the pensions have cost-of-living adjustment clauses that are based on inflation.

      Pretty soon the city won't be able to pay pensions. Or police, or fire/EMS... They will scream to their friends in Washington.

      Delete

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