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.
Growing up in Chicago we all enjoyed the orderly street layout. Didn’t realize how unique it was until reading this article.
City planners did a fine job, especially the lakefront that belonged to the people until Mr. Obama decided he needed public park land for his edifice. The day that was approved was a sad day for the citizens of Chicago and a whole bunch of mature trees.
The grid works — just try negotiating the lower Manhattan mess of non-grid streets to see how much you miss the easy to negotiate street grid
https://www.youtube.com/watch?v=UjE3BNBZaWI