Democrat states have been losing large companies fairly consistently with Chicago being the latest example. The famous American company announced that they planned to move to Arlington, Virginia.
In the announcement of the move, the aerospace company said that it will maintain a “strong presence” in Chicago and the state of Illinois.
“We are excited to build on our foundation here in Northern Virginia. The region makes strategic sense for our global headquarters given its proximity to our customers and stakeholders, and its access to world-class engineering and technical talent,” said Boeing President and Chief Executive Officer Dave Calhoun.
Virginia Governor Glenn Younkin welcomed the decision.
There could be many reasons why Boeing has left the Democrat city, but many people have pointed to the massive rise in property crimes in the city.
According to Bloomberg, “Murders and shooting incidents are down” but “all other major categories of crime are up, including 67% jump in thefts.”
Chicago, the nation’s third-most populous city, has seen a rise in crime that prompted its richest resident, Citadel founder Ken Griffin, to say he’s likely to move his $38 billion hedge fund elsewhere. Chicago’s Magnificent Mile and State Street shopping districts, along with many restaurants in the downtown Loop, have yet to recover from the pandemic. Even the National Football League’s Bears franchise is considering an exit to the suburbs.Bloomberg
Democrat Illinois Senators Dick Durbin and Tammy Duckworth released a statement calling the announcement “incredibly disappointing.”
“Boeing’s decision to leave Illinois is incredibly disappointing–every level of government in our state has worked to make Chicago and Illinois the perfect home for Boeing’s headquarters for the past 20 years. We are working together to ensure Boeing leadership both understands how harmful this move will be and does everything possible to protect Illinois’s workers and jobs.”
Chicago Mayor Lori Lightfoot released a statement making clear the presence the company still has in the city.
Why do you think that Boeing is leaving the liberal city? Let us know your thoughts below.