SOURCE:
AMERICAN THINKERURL:
http://by: Michael Bargo, Jr.
The city of Detroit, now famous as an economic disaster, began its decline when it lost jobs. This was accompanied by a loss of population, a rapid rise in poverty, increasing dependence upon federal entitlement programs and an unstoppable downward economic spiral.
Puerto Rico is now undergoing an economic collapse sparked not by population loss but by excessive government spending. Chicago is in the same situation. Government overspending and overtaxation comes first, population loss follows.
Chicago is technically bankrupt. Its expenditures have exceeded its receipts for about ten years. All big rust belt cities in the Midwest, East, and Northeast have been losing population since 1950. Detroit’s population has dropped from 1.85 million to 800,000.
Chicago was only able to delay its loss of population by becoming the first official sanctuary city in 1985. Since then the only part of its population that has increased is the Hispanic segment. But even adding the illegal immigrants and their children, today Chicago’s population has fallen to below where it was in 1920. And the number of white people living in the city has declined to below where it was in 1890. This decline is not just due to white flight: the city’s black population is also now less than it was in 1970, according to the Census Bureau.
Today 46% of Chicago’s public school students are Hispanic. While these Hispanic students have delayed the depopulation of the overtaxed city, Chicago is still showing clear, irrefutable evidence of population and economic decline.
In 2015, the Chicago area lost an estimated 6,263 residents, the greatest population loss of any metropolitan area in the U.S. But this fact is misleading since its promotion and financial support of illegal immigration, which began in 1985 with an Executive Sanctuary City Order issued by then Mayor Harold Washington, slowed down the city’s population losses. However, illegal immigration just adds more teachers and other public union workers to the city, county, and state payrolls, and these increase property taxes.
Illinois Democrats, who have supermajorities in the State House and Senate, refuse to stop raising property taxes, bond debt, and fees on everything consumers buy. Residents can no longer afford their promises.
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