September 10, 2017
How Chicago is morphing into Detroit in one easy lesson
By Thomas Lifson
My heart is breaking for Chicago, and for all Americans, as one of our greatest cities crumbles before our (and the world’s) eyes. I don’t see any way out of the vicious circle of political corruption, irrevocable pensions obligations overwhelming tax revenue, vanishing public services, and a decline in civil order leading toward a third world level of crime.
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