Author Topic: Chicago’s Collapse Has Begun: History is full of cities and nations that refused to balance budgets, cut back on spending, and live within their means  (Read 689 times)

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Offline SirLinksALot

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SOURCE: AMERICAN THINKER

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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.

CLICK ABOVE LINK FOR THE REST....

Offline LMAO

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Regardless of the good intentions and the desire to do good deeds for people that inspire progressives to pursue certain policies, the law of economics, unintended consequences, and just basic math eventually win.

The trouble is when their intentions don't go as hoped, everyone but they suffer
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

Barry Goldwater

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My Avatar is my adult autistic son Tommy

Offline XenaLee

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SOURCE: AMERICAN THINKER

URL: 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.

CLICK ABOVE LINK FOR THE REST....

These same leftists have bankrupted major cities in the US and they are trying to bankrupt the entire country with their failed policies.  My question.....

why the hell are we letting them?
No quarter given to the enemy within...ever.

You can vote your way into socialism, but you have to shoot your way out of it.

Offline Chieftain

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And what remains of the populace is in open warfare with the illegals.  Blacks v Hispanics v Asians resulting in the highest body count in the country in a city with some of the most restrictive gun laws in the country.

What has to stop is tolerating these predatory animals in our midst.  This is another good example of how we have been conditioned to tolerate far too much.