As ominous clouds gather over Chicago, progressivism marches on – Washington Post

When a deeply troubled city chooses to double down on all the policies that aren’t working, it’s like watching sailors on a sinking ship bailing water in instead of out. Welcome to Chicago. It might well be that some of the nation’s major cities have now created a self-perpetuating progressive vicious cycle, where the policies enacted make the residents most inclined to oppose them decide to move out, leaving increasingly larger majorities of the voters who support those policies.

 
7 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Mary Ladd
3 years ago

“The unfunded liability for the city’s four pension systems is now $33.7 billion, more than twice the city’s annual budget.”

Have any past mayors, or mayoral candidates, given this issue serious attention? And by serious, I mean something more realistic than increasing taxes on O’Hare and hotels.

JackBolly
3 years ago

The opinion piece was surprisingly thoughtful for the Amazon Post. However, I think the author could follow-up with ‘Why is Detroit so attractive to Democrats?’

Streeterville
3 years ago

Read the comments to the article. The east-coast pontificates without filter. Everyone is a pundit, these days; facts don’t matter, just fly your progressive flag, loud and proud, ignorant of serious problems Chicago faces that can’t be fixed by progressive rhetoric.

PinkFloydActuary
3 years ago
Reply to  Streeterville

Lol. I need to go wash my eyes now…

debtsor
3 years ago
Reply to  Streeterville

Glad to see you’re back.

Poor Taxpayer
3 years ago

DOA

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE