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  • The Obama economy really is the pits

    Posted by onparkstreet on 18th October 2011 (All posts by )

    I’ve been in a mild funk lately because of all of the changes to one of my favorite little corners of Chicago Land. Closed and vacant shops mixed in with lightly populated high-end condo buildings turned rental. Halted construction and empty lots from development projects that fell through after the 2008 “crash”. Noisy restaurants where once stood second hand mom-and-pop shops, stationers and book stores. Closed, closed and closed. And yet, the local government persists in its grand 20-year economic development plans (I am not making that up) so that citizens are paying good money to brick streets, put up complicated and fashionable street lights, or have closed door meetings between developers and governmental officials. Welcome to Chicago and its suburbs. Lots of this-FEST and that-FEST sponsored by local officials in order to bring in business traffic, although many residents are inconvenienced by the crowds, noise and garbage. Some months ago while walking through the hospital, I overheard a conversation about this very neighborhood. It wasn’t very reassuring. I heard the words “scary” and “changes”. Urban blight. The beginnings of urban blight. People are so in denial.

    Posted in Big Government, Business, Chicagoania, Economics & Finance, Human Behavior, Miscellaneous, Obama, Personal Narrative | 10 Comments »