Rahm and Chicago Will Pivot or Perish – WP Original
By: Mark Glennon* Rahm Emmanuel will become Bruce Rauner on steroids — a relentlessly creative and radical turnaround artist — or he and Chicago are finished. The jig is up. The national press has tuned in. They are starting to say outright that Chicago is heading towards bankruptcy, as Bloomberg did today, even if most of our local media and Chicago voters remain far behind the curve. Denial, delay, extend and pretend won’t fly anymore. The arithmetic of budgets and pensions for Chicago and its overlapping layers of government is now as indisputable as it is terrifying.