...the news is especially alarming because the discussion concerns not just city jobs, but the private sector.Well at least city employees will be available to help the poor pay their heating bills!
On Wednesday, Mayor Daley joined with local gas company officials to announce new programs to help low-income customers pay their heating bills.
[Mayor Daley] disclosed that corporate leaders are telling him they are planning huge layoffs in November and December, which will leave many Chicagoans out of work.
Mayor Daley also warned that local governments will be in jeopardy and may not have enough money to meet payroll, although he is not worried about paying City of Chicago employees.
Thursday, November 13, 2008
John Galt Strikes in Chicago
This story seems to imply that Atlas is shrugging in the Windy City. Here are a couple of quotes:
Labels:
atlas shrugs,
Economics and Economy
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