From the Editorial Board: 'Mayors and governors from outside Illinois have been calling up and suggesting that the grass is greener elsewhere for the HQ of the burgers and fries colossus.'
McDonald’s is not just another Chicago company.
That’s not an unusual opening salvo at the Economic Club, an elite gathering of various business and civic leaders, where corporate speakers typically tout their value and importance to the city — in McDonald’s HQ case, a claimed economic impact of $2 billion.
Some people? That would be City Hall’s spin, which the McDonald’s leader demolished simply by saying that the departures, we all can agree, are not good news for the city. Or the state. Some veterans of City Club yaks were by now wondering when was the last time, Griffin aside, that a Chicago CEO talked of a city in crisis in public, given the typical imperative not to annoy a city leadership that might have long memories when a corporation needs some kind of favor.“I’ll tell you, quite honestly and transparently,” he said, “that others do sense our vulnerability.”
Kempczinski then said there were three main issues plaguing the city: crime, the overall business climate and mindset. “We are playing defense when we need to be playing offense,” he said.
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