. . . bad things are on the way. – www.nationaljournal.com/magazine/rahm-emanuel-reelection-chicago-mayor-20150327
Chicago is suffering from a severe fiscal crisis. Like plenty of other municipalities, Chicago lacks the revenue to pay its bills, particularly its pension obligations to city workers.
According to a 2013 Pew report, 61 other U.S. cities face similar difficulties, but Chicago’s situation is one of the worst. “Voters must realize we are facing the greatest economic crisis since the Great Depression,” says Roosevelt University’s Paul Green, the doyen of Chicago political experts. “If something doesn’t happen, the city is beyond the abyss.”
Found this Natl. Journal story linked at the indispensible News Alert.– nalert.blogspot.com/2015/03/broken-city-rahm-emanuel-and-unraveling.html