DALEY: Our financial savior? |
For
among the factors that it says makes Chicago more sound is the long political
reign of Richard M. Daley. The study by the financial agency says the fact that
Chicago had one leader for 22 years is much different from Detroit’s
constantly-changing leadership during that same period.
NOT
THAT I’M ready to erect a monument to the memory of Richard M. anytime soon.
But
it seems that most of the people who in recent months have been eager to
lambast Chicago’s reputation by saying we’re on the verge financially of
becoming the next Detroit are doing so for political reasons. They'd have us think that it was having Daley around for so long that put us on this economic path the city is on.
It
becomes easy to dismiss their rants against the Second City because they’re so
ideologically overloaded.
These
kind of people probably want to believe that it was the city administration
under Daley that somehow put us on the path to becoming a Detroit – while also
dragging Illinois down to the status of another Michigan.
WHICH,
BY THE way, seems to be a state that people who were raised there are eager to
leave – to come live in Chicago for at least a stint.
That
trend is obvious enough. Michigan Gov. Rick Snyder recently tried deriding
Chicago as a place for “yuppie(s),” while saying that Michiganders who want to
be substantial should stay in Detroit.
SNYDER: Jealous of Chicago? |
Which
reeks of a sense of desperation from an official who realizes his place has
become secondary in the Midwestern U.S. to that of Chicago (which gives
Illinois a boost as well). Just as desperate as those Indiana government
officials who get all excited whenever an ice cream stand in an Illinois border
community moves over one town to the east to be amongst the Hoosiers.
But
back to Standard & Poor’s, which said it did the study released Thursday
because it heard all the comments coming from politically-partisan people about
Chicago becoming Detroit and wanted to figure out for itself whether there was
any truth to them.
FOR
THE RECORD, the study contends that there are significant differences between
Chicago and Detroit, to the point where it’s not really right to say that city
number three (in population) is about to become city number 18!
Is the Asian Carp 'invasion' Chicago's fault? |
The
city has a higher median per-capita income than Detroit, along with higher
housing values, less of an unemployment rate and a slower rate of population
decline in recent decades.
Although
on the latter point, it should be noted that while the city proper has dropped,
the overall metro area has grown. Back when Chicago had about 3.5 million
people, the entire state of Illinois was about 8 million.
Compared
to the current 2.7 million living in the city and another 5.5 million in the
Chicago suburbs. The rest of the state remains about the same in the just over
12 million.
NOW
I HAVE relatives who live in Detroit and its suburbs (although I personally
haven’t visited them on their home turf since nearly 30 years ago). I’m really
not up to bashing about Detroit – or any other Great Lakes state. We are a
region of the nation in and of itself and ought to be trying to find our
commonalities.
It’s
just that the rhetoric we often hear becomes so partisan as to be pointless.
Just as much of the debate over the Asian Carp getting into the Great Lakes and
ruining its ecosystem seems to become a matter of other states wanting to blame
Chicago for somehow allowing this to happen.
We
get nowhere when we let ourselves get split up. Although I would much prefer to
be associated with Chicago than just about anywhere else. The bottom-line when
it comes to Standard & Poor’s ratings is that Chicago’s debt is ranked “A+”
with a negative outlook, compared to a “D” ranking for Detroit – how clear
could that comparison be?
Could this be the Tigers' home for a season? |
Except
for maybe this particular baseball season, where I have to confess I wouldn’t
mind if this year’s version of a Detroit Tigers ball club were based on the Sout’
Side, so as to spare us the mediocrity we’re likely to see this season.
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