Crain’s Chicago Picks Pritzker


“Crain’s has covered J.B. Pritzker for years, and the man we’ve gotten to know in that time is a smart and pragmatic leader. Based on that record, we’re endorsing him in the Democratic primary….  [H]e’s in favor of a progressive income tax… [H]e’s running on a credible business track record as a deal-maker, compromise-seeker, business community cheerleader, successful venture capitalist, committed philanthropist and a prime backer of Chicago tech startup incubator 1871… winning Chicago’s tech scene some critical mass by focusing resources and increasing its visibility. He got VCs and universities, which traditionally don’t cooperate, and state government all to get on board… That’s the sort of coalition-building that ought to give us confidence … To his detriment, however, Pritzker lately has been… caught on tape speaking dismissively of several local black politicians… [and] seems to reflexively resist criticizing… House Speaker Michael Madigan, But among the Democratic options, Pritzker is the best choice for Chicago business.

Meanwhile, [Chris] Kennedy’s decision to skip a Feb. 21 debate because he’d thrown out his back is a metaphor of sorts for his campaign… Kennedy should have been a front-runner by now. Instead, he’s mostly brought up the rear…  [A]a candidate’s run tells us something about his ability to manage, and Kennedy’s effort has only made us wonder how badly he wants the job….  The key issues he hammers on the stump are largely Chicago-centric ones that a governor has limited ability to affect directly… The next governor will have to be focused… on fixing the state’s monumental fiscal problems, a task that will require an unprecedented degree of cooperation and compromise…”

[State Sen. Daniel ]Biss’ apparent sin was to craft a pension reform plan that, had it been upheld in court, would have required public employees to take a little less and taxpayers to pay a little more…. we can only conclude he spent some unpleasant hours in the woodshed with the likes of the Chicago Teachers Union.

[H]e’s rendered himself toxic with his… levy on financial transactions that Biss argues could raise $10 billion to $12 billion a year… [I]n today’s digital-driven marketplace, such a tax would not only unfairly single out one of the city’s most important economic engines, it would shoo that trading activity to New York, London or Frankfurt and end up generating $100 to $120, if Biss is lucky.”

 

Crain’s Chicago

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