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View Poll Results: Which is the most-powerful, culturally-significant, world-class city??
Montréal 17 14.91%
Toronto 20 17.54%
Chicago 77 67.54%
Voters: 114. You may not vote on this poll

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Old 11-11-2016, 04:14 AM
 
Location: Maryland
4,675 posts, read 7,401,948 times
Reputation: 5363

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Quote:
Originally Posted by mrjun18 View Post
This pretty much is what it comes down to.
If it were true on all accounts.

 
Old 11-11-2016, 05:40 AM
 
Location: Cambridge, MA/London, UK
3,864 posts, read 5,289,162 times
Reputation: 3366
Quote:
Originally Posted by Atticman View Post
The CN Tower is even more famous now since Drake's latest album, Views has a photo of Toronto's iconic landmark on the cover.

Drake's 'Views' Has Over 3 Billion Spotify Streams | Billboard
While Drake is a highly successful artist and a mega pop star at the moment, his music is not long lasting or even uniquely Toronto. Drake copied his medaphor rhyming style from Big Sean, his sound from Little Wayne, UGK and 3-6. His parlay into Caribbean influenced music is so fraudulent and forced it makes real West Indians laugh.

When I think of the Toronto sound I more think Michee Mee, Maestro, Concrete Mobb, Infinite, Point Blank, etc...So when I see Drake I see an artist that struck while it's hot but will be short lived. When he fades away no one will be able to define what Toronto Hip Hop sounds like, similar to how they know NYC, Detroit, Atlanta, Houston, LA, Chicago and NOLA styles of music. I wish Drake blew up and had his own sound.
 
Old 11-11-2016, 11:46 AM
 
615 posts, read 599,772 times
Reputation: 237
Quote:
Originally Posted by edwardsyzzurphands View Post
While Drake is a highly successful artist and a mega pop star at the moment, his music is not long lasting or even uniquely Toronto. Drake copied his medaphor rhyming style from Big Sean, his sound from Little Wayne, UGK and 3-6. His parlay into Caribbean influenced music is so fraudulent and forced it makes real West Indians laugh.

When I think of the Toronto sound I more think Michee Mee, Maestro, Concrete Mobb, Infinite, Point Blank, etc...So when I see Drake I see an artist that struck while it's hot but will be short lived. When he fades away no one will be able to define what Toronto Hip Hop sounds like, similar to how they know NYC, Detroit, Atlanta, Houston, LA, Chicago and NOLA styles of music. I wish Drake blew up and had his own sound.
Drake is immediately identifiable as Drake, on any track. It's a key part of of his success.
 
Old 11-11-2016, 11:59 AM
 
3,733 posts, read 2,888,160 times
Reputation: 4908
Quote:
Originally Posted by Mr. Burns View Post
The difference is Toronto is a city rapidly on the rise while Chicago overall is in decline.
If you click your heels together, and say it three times, does that mean it will come true? LOL. This has been explained to you, in numerous posts. And, who the heck is Drake?

Last edited by Enean; 11-11-2016 at 12:14 PM..
 
Old 11-11-2016, 01:42 PM
 
615 posts, read 599,772 times
Reputation: 237
Quote:
Originally Posted by Enean View Post
If you click your heels together, and say it three times, does that mean it will come true? LOL. This has been explained to you, in numerous posts. And, who the heck is Drake?
It's the other way around, if you click your heels it still doesn't change that Chicago has been in decline.

Quote:
The city of Detroit, now famous as an economic disaster, began its decline when it lost jobs. This was accompanied by a loss of population, a rapid rise in poverty, increasing dependence upon federal entitlement programs and an unstoppable downward economic spiral.

Chicago is in the same situation. Government overspending and overtaxation comes first, population loss follows.
Chicago is technically bankrupt. Its expenditures have exceeded its receipts for about ten years. All big rust belt cities in the Midwest, East, and Northeast have been losing population since 1950. Detroit’s population has dropped from 1.85 million to 800,000.

Chicago was only able to delay its loss of population by becoming the first official sanctuary city in 1985. Since then the only part of its population that has increased is the Hispanic segment. But even adding the illegal immigrants and their children, today Chicago’s population has fallen to below where it was in 1920. And the number of white people living in the city has declined to below where it was in 1890. This decline is not just due to white flight: the city’s black population is also now less than it was in 1970, according to the Census Bureau.

Today 46% of Chicago’s public school students are Hispanic. While these Hispanic students have delayed the depopulation of the overtaxed city, Chicago is still showing clear, irrefutable evidence of population and economic decline.


In 2015, the Chicago area lost an estimated 6,263 residents, the greatest population loss of any metropolitan area in the U.S. But this fact is misleading since its promotion and financial support of illegal immigration, which began in 1985 with an Executive Sanctuary City Order issued by then Mayor Harold Washington, slowed down the city’s population losses. However, illegal immigration just adds more teachers and other public union workers to the city, county, and state payrolls, and these increase property taxes.

A study by New World Wealthy published in March 2016 found that Chicago had lost more millionaires, 3,000, than any other city in the U.S. The only cities that lost more were European. Rome lost 5,000 and Paris 7,000.

However, while Chicago has been losing population since 1950, new measures of its population and prosperity prove that Chicago’s decline is accelerating. Chicago is part of Illinois and together their economic measures are the worst in the nation. Illinois lost 105,200 persons to outmigration last year, and has the lowest credit rating of all 50 states, some of the largest debt, and the highest unemployment rate of all 48 states. Only Alaska is its equal in unemployment.

These signs follow other measures of demographic and financial decline. The city has been issuing municipal bonds without restraint for ten years. In fact, of the ten largest cities in the U.S., Chicago is the only one that has no statutory limit on its ability to issue municipal bonds. The result is that Chicago’s bonds are now at junk bond status.
And the "who is drake" shtick would be funny if he was just another pop star for the under 30 crowd, but this guy has had a significant impact on popular culture to the point that Donald Trump was parodying his music video on SNL during the US presidential campaign.

If you don't know who Drake is, it's you not him that's the problem.

Last edited by Mr. Burns; 11-11-2016 at 02:07 PM..
 
Old 11-11-2016, 02:43 PM
 
Location: Upper West Side, Manhattan, NYC
15,323 posts, read 23,915,941 times
Reputation: 7419
You know, it's easy to just blindly post stuff from the internet, but when those articles don't really know what they're talking about, you just end up looking like a complete fool.

Quote:
In 2015, the Chicago area lost an estimated 6,263 residents, the greatest population loss of any metropolitan area in the U.S.
The population of the Chicago area is up 89,926 since 2010. Slow growth, but not decline. The city has also gained about 25,000 people since then and numerous neighborhoods are growing.

In fact, 58 of the 77 community areas of Chicago lost population between 2000 and 2010, but 41 of them have reversed the trend and have grown since 2010. In fact, the majority of the areas still losing people are just a few now between 2010 and 2014 compared to many of them between 2000 and 2010. Completely different trend now. The greater downtown area in this time has seen population growth at around or over 5%, which is not that different from a city like San Francisco.


Quote:
A study by New World Wealthy published in March 2016 found that Chicago had lost more millionaires, 3,000, than any other city in the U.S. The only cities that lost more were European. Rome lost 5,000 and Paris 7,000.
This was a scientifically bad study actually and inaccurate. The study, out of the millions of millionaires all around the world, only had a sample size of a few hundred of them. That means if the study was broken evenly amongst say 30 world cities, there would be less than 10 per city that were actually interviewed. If you don't understand why this is a bad sample out of a city like Chicago having over 100,000 people with net assets of at least $1M, then you have no business talking about it or anything mathematical. It also hinged on what wealth managers interviewed had said, except that's bad too since most wealth managers have confidentiality agreements and don't talk about their clients, even anonymously in that type of way. The amount of wealth managers they got to talk were very few.


The fact is that Chicago between 2014 and 2015 had almost the largest growth in households making at least $200,000 per year according to the United States Census 2015 1 year ACS. This is a look at the increase of households making at least $200K/year in various US cities between 2014 and 2015. The table ID for this is B19001
1. San Francisco: +28.1%
2. Seattle: +26.5%
3. Austin: +21.4%
4. San Jose: +20.8%
5. Chicago: +19.6%
6. Fort Worth: +19%
7. Philadelphia: +15.1%
8. Dallas: +14.1%
9. Portland: +13.1%
10. Washington DC: +10.7%
11. Boston: +9.3%
12. NYC: +8.9%
13. Phoenix: +8.9%
14. Houston: +6.3%
15. Los Angeles: +5.2%
16. Atlanta: +4.7%
17. Denver: +4.2%
18. San Diego: +4.2%
19. San Antonio: +1.7%
20. Charlotte: +1.5%

Only four cities had a higher growth rate of $200K+ households between 2014 and 2015 than Chicago. Chicago still had higher growth in this area than NYC, Los Angeles, Houston, Dallas, Phoenix, Denver, Atlanta, San Diego, Charlotte, Boston, Washington DC, Portland, etc.


Then there is this:
1) In July, 2016, the number of employed persons in Chicago was higher than every single month since 1990, except for one - June 2000. The population in Chicago in 2000 at the US Census was 175K higher than it is today, and yet the number of employed persons today is in the same range as then.

The city has 29,820 more employed persons as of September 2016 than the highest employed month in 2007 (July), before the recession.

2) The unemployment rate as of September 2016 is back to 2007 levels and is also lower than almost any month in 1999 and the same as mid 2000 (June and July). This goes for the number of unemployed people too.

3) The city continues to see Fortune 500 companies move to it. It overtook San Francisco MSA a few years ago as having 2nd most F500 companies. Companies like ConAgra, ADM, and GE Health (not F500 but could be if it was on its own) have all moved to Chicago in the last few years.




Interestingly enough, according to Statistics Canada, Toronto area's October 2016 unemployment rate is 7.3% - that is 2.1% higher than the Chicago area's September 2016 unemployment rate (5.2%).

Labour force characteristics, unadjusted, by census metropolitan area (3 month moving average) (Toronto (Ont.), Hamilton (Ont.), St. Catharines-Niagara (Ont.))
Local Area Unemployment Statistics Home Page
 
Old 11-11-2016, 03:00 PM
 
615 posts, read 599,772 times
Reputation: 237
The US and Canada have different ways of calculating unemployment rate.

A fast way to lower jobless rate: Use U.S. metrics - The Globe and Mail
 
Old 11-11-2016, 03:03 PM
 
Location: Upper West Side, Manhattan, NYC
15,323 posts, read 23,915,941 times
Reputation: 7419
Quote:
Originally Posted by Mr. Burns View Post
The US and Canada have different ways of calculating unemployment rate.

A fast way to lower jobless rate: Use U.S. metrics - The Globe and Mail
Okay, and that still doesn't change anything else above like the fact that the city has the highest levels of employment since before the recession and equal to when the city had 175K more people officially, and it doesn't change the fact that Chicago has the fifth fastest growth rate of households making at least $200K/year of any city in the country and higher than cities like Houston, Dallas, NYC, Los Angeles, etc.

Comparing Chicago and Toronto area was the most minor point I made above.
 
Old 11-11-2016, 03:10 PM
 
Location: Manhattan!
2,272 posts, read 2,220,070 times
Reputation: 2080
^^^ I stopped reading that article above after it said Chicago is in the same situation as Detroit
 
Old 11-11-2016, 03:14 PM
 
Location: Upper West Side, Manhattan, NYC
15,323 posts, read 23,915,941 times
Reputation: 7419
Quote:
Originally Posted by That_One_Guy View Post
^^^ I stopped reading that article above after it said Chicago is in the same situation as Detroit
Anybody who truly believes that is nothing short of a gullible POS. Now, the city is facing some financial issues no doubt about that, but it has not really affected much as far as jobs and investment goes. The amount of employment right now is, let me state it again, at levels we saw in 2007 before the recession as well as levels from 1999 and 2000 when the city had 175K more residents (according to the US Census).

2015 was also a record year for foreign investments in Chicago, and even a month ago the richest person in Asia broke ground on his first US based project ever - which will be over 1100 feet tall with over 400 condos starting at $1M and a 5 star hotel. Over 130 of those condos, valuing a total of $200M, were under contract before they even broke ground. Large companies have continued to open up new offices in the city and even move their entire operations. Archer Daniel Midland and ConAgra are two Fortune 500 companies which moved their HQ from elsewhere to Chicago recently, and GE Health moved from the London area to Chicago (it would be Fortune 500 if it were its own company). Google opened a large new office in West Loop which has triggered huge growth and huge ROI on real estate over there. Now McDonald's is moving their HQ from the suburbs to that area - a building permit was issued a few days ago to start construction on it. There have been other companies who have decided to either open up sizable offices in the city or move to the city from the suburbs completely as well. It is a big trend right now.
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