Editorial: City of Chicago and Chicago Public Schools are fighting over dangerous levels of indebtedness. Same taxpayers are on the hook, either way. – Chicago Tribune/Yahoo

"In the real world inhabited by real people, the answer in such circumstances is to reduce expenses: find the parts of the household or business budget that would be nice to have but aren’t absolutely necessary. And then excise them. But in the world inhabited by Mayor Johnson and his political benefactors at the Chicago Teachers Union, that option is anathema. Not ever worthy of a smidgeon of consideration."