On the fourth day of the teachers’ strike, protesters targeted school board member Penny Pritzker, whose family owns the Hyatt hotel chain.
At 3:30 p.m., thousands of demonstrators dressed in red gathered outside the Hyatt Regency Chicago, at 151 E. Wacker Dr., protesting the $5.2 million in TIF money the city provided for a new Hyatt hotel in the Hyde Park neighborhood. Around 4 p.m., they began marching south on Michigan Avenue toward the South Loop.
Protesters said the TIF money spent on the Hyatt in Hyde Park would have been better used to improve schools in the neighborhood, and avoid budget cuts that have hurt the local schools.
via CBS Chicago.
Indeed, the TIF system in broken and the law needs to be repealed in Springfield. Of that there can be no argument.
But let’s look at this for just a second…
$5.2 million for the new Hyatt. 26,000 CPS teachers.
That’s $200 per teacher. That would be an average salary increase of 0.000026% for each teacher FOR ONE YEAR.
And that my friends is why unions suck. They will keep the kids on the street fighting over mice nuts. For all their fancy “for the children” rhetoric it’s really about draining every last nickel from the taxpayer.