Ald. Joe Moore, of the far northeast side of Chicago, can put a notch in his belt: Target will NOT be building anew in Ald. Carrie Austin’s far south side ward or anywhere else in Chicago, thanks to Joe the Liberal’s pushing through the so-called living-wage ordinance that does for wages what scorching does to earth in a military campaign. Moore can hold his head up with pride in the coffee clatches of those who know zilch about business except that “corporations” have “millions” and can spare some for his constituents.
"No matter how much money these corporations have, each individual store has to operate as a profit center. This can add upwards of $1 million a year to the cost of operating these stores," the city’s Planning and Development Commissioner Lori Healey told Sun-Times. (Chi Trib does NOT have this story, which is a Fran Spielman special.)
Here is a lesson for Joe Moore and friends, who may be asking what a profit center is: Corporations — companies, businesses, executives and managers who keep things running and produce wealth rather than merely distribute it as Joe does — do NOT donate money to certain neighborhoods and cities. They do NOT discriminate among municipalities, some of which make them pay more, some of which do not.
So forget the new mall at 119th and Marshfield: Calumet Park, a town which has no living-wage ordinance “has land right across the street they can develop,” says Austin . “Our development will just sit there for another century. I don't need more housing. I need sales tax revenue and jobs. How do I pull my community out of the slump that it's in? How do we get a rebirth? Sales tax revenue. That's how." Nice going, Joe.