Chicago is a Miserable Place

Forbes.com ranks the Windy City No. 3 on list of miserable cities in the U.S.

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    NEWSLETTERS

    TK
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    Chicago took the No. 3 spot on a list of "Most Miserable Cities," outdone (under done?) only by Stockton, Calif., and Memphis, Tenn. Both of which are warmer than we are today).

    Life is difficult for many Americans these days, not the least of which is Chicago residents.

    A recent article on Forbes.com looked at the Misery Index, stating that, "Misery was up around the country in 2008. Market meltdowns, bank blowups and bailouts and cratering home prices often overshadowed the incredibly positive stories of 2008 like the Beijing Summer Games and the historic election of Barack Obama. "

    Forbes looked at the 150 largest metropolitan areas in the U.S. and named the top 10 Most Miserable Cities.

    Despite a lot of good news coming out of Chicago, the Windy City landed in the No. 3 spot on their list, outdone (under done?) only by Stockton, Calif., and Memphis, Tenn.

    Say it isn't so!

    How could this happen?

    "Lousy weather, long commutes, rising unemployment and the highest sales tax rate in the country are to blame for the Windy City being near the top of our list. High rates of corruption by public officials didn't help either," the business site stated.

    Adding the corruption factor to their annual rating considerations helped put Chicago near the top of the list, for obvious reasons.

    The U.S. Attorney's Office for the Northern District of Illinois boasts recent successful prosecutions, including "a corrupt former governor of Illinois, Chicago officials who rigged city hiring, individuals who lied about their support of foreign terrorism, corporate executives who cheated public shareholders and traditional organized-crime bosses who were responsible for notorious murders."

    Forbes says that Illinois' record of public corruption, particularly in the governor's office, is staggering.

    [Read more ... ]