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The overarching idea is called equitable transit-oriented development. In simpler terms: “affordable homes, grocery stores, health clinics, public art and many other wishes and desires driven by (the) community,” said Roberto Requejo, executive director of Elevated Chicago. “Hundreds of thousands of Black families have left the city of Chicago. Let’s stop that depopulation and that displacement and that diaspora.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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It is not just black families, it is all Families are fleeing the high crime, high taxes and zero education from CPS. The whole system is failing and falling apart at a increasing rate. Costs of services are going higher and services going down, down, and down. It is a recipe for Diester.
It will be difficult to redevelop areas where people have been actively fleeing for generations. The far south side with old housing stock, a few remaining housing projects, legacy industrial areas, and proximity to the Indiana border, is a tough sell. The answer isn’t ‘monorail!’ like the 30 year old Simpson’s episode. I’ll be the first to admit that I don’t know the answer but a multi billion dollar red line extension isn’t it. If transforming blighted areas was as easy as building light rail, then the south and west sides would be urban utopias. But as I’ve said before,… Read more »
Leave it to democrats to turn every government function into a failed welfare giveaway disaster