Gov. Pat Quinn called Sears’ store closings regrettable but said he wasn’t second-guessing the legislation he signed in to law days ago giving the Hoffman Estates-based corporation a series of tax incentives to keep its headquarters in Illinois.
“We expect the headquarters to stay here and the jobs to be here, that’s what the agreement is all about,” Quinn told reporters Tuesday morning after an unrelated event at the Thompson Center in downtown Chicago. “The fact they have to close some stores around the country, that isn’t good news, but it doesn’t directly affect this agreement.”
"directly" in that the corporate structure will remain exactly as it is, despite the downsizing of over 100 stores across the country? Because everyone knows corporate America behaves in exactly the opposite way Economics 101 tells us they must to stay solvent.