Tag Archives: Windy City

Pension Reform or Bankruptcy: Saving the Windy City

Chicago residents are on the hook for over $86 billion dollars.  That’s $83,000 dollars per household.  To put these already egregious numbers into perspective, the average Chicago family only makes $66,000 dollars annually, before taxes.  Chicago’s financial squeeze is preventing the city from providing basic services, and taxpayers are leaving in droves.  Since the 2000 census, over 200,000 people and counting have fled Chicago...

Continue to the original source »

Read More »