Illinois Policy Institute's Bryce Hill: "Chicago’s financial problems run deep. The city is facing a financial crisis in the form of failing pension funds and perennially projected budget deficits. The lack of emphasis on these issues during the mayoral race is a dangerous indication the candidates do not prioritize the city’s financial failings that drive or aggravate the attention-grabbing issues."
Why should they? The Chitty is going bankrupt, no other choice.
Giddyap
3 years ago
Chicago needs a bankruptcy — wide out all pension obligations and start over
Goodgulf Greyteeth
3 years ago
“Nine Chicago mayoral candidates; not one talking about financial reforms” – Crain’s
Well, if course they aren’t.
“Financial reforms” come down to some combination of two things – less spending and/or more taxes.
You can’t buy woke/progressive-n-Dem votes in Chicago by campaigning on a platform of spending less on “services,” and everyone in Chicago thinks that someone else’s taxes should go up to pay for it all – or pretend to.
Paul Boomer
3 years ago
I think granting a few hundred million dollars in reparations will solve all of the city’s problems. Get to it!
Poor Taxpayer
3 years ago
The Chitty of Chicago is doomed by itself. Soon to be a ghost town where only criminals will roam.
mqyl
3 years ago
Financial reform is a third rail for IL and Chicago pols.
Stewie the Roof Baby
3 years ago
The only financial reform to these people is higher taxes
Where's Mine ???
3 years ago
News flash!!—Crains actually published an article by conservative IPI!! , readership must be sinking as everybody’s so sick of all the woke/equity bs
Actually, I think they have gotten much better lately about carrying a diversity of guest opinions. Their own editorials may be left, but that’s OK as long as they keep balance elsewhere.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Why should they? The Chitty is going bankrupt, no other choice.
Chicago needs a bankruptcy — wide out all pension obligations and start over
“Nine Chicago mayoral candidates; not one talking about financial reforms” – Crain’s
Well, if course they aren’t.
“Financial reforms” come down to some combination of two things – less spending and/or more taxes.
You can’t buy woke/progressive-n-Dem votes in Chicago by campaigning on a platform of spending less on “services,” and everyone in Chicago thinks that someone else’s taxes should go up to pay for it all – or pretend to.
I think granting a few hundred million dollars in reparations will solve all of the city’s problems. Get to it!
The Chitty of Chicago is doomed by itself. Soon to be a ghost town where only criminals will roam.
Financial reform is a third rail for IL and Chicago pols.
The only financial reform to these people is higher taxes
News flash!!—Crains actually published an article by conservative IPI!! , readership must be sinking as everybody’s so sick of all the woke/equity bs
Actually, I think they have gotten much better lately about carrying a diversity of guest opinions. Their own editorials may be left, but that’s OK as long as they keep balance elsewhere.