Chicago soon to join Detroit

Posted by $ blarman 10 years, 10 months ago to News
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Several California cities are also there. Commonality: long-term rule by Democrats.

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  • Posted by Snoogoo 10 years, 10 months ago
    Chicago requires all city employees to live within the city limits. If this rule were lifted, it would go down even faster.
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  • Posted by MinorLiberator 10 years, 10 months ago
    Yes, it seems very likely Chicago will be next. I grew up in Detroit, from 1950-1976. In 1973, 3 years after I started studying Rand and Mises, I predicted the bankruptcy (then got outta Dodge). Economics being a science, but not a predictive science in an exact sense, I only said: it may take years, but it will happen.

    I don't see how Chicago, and then others under long-term Democratic rule, can avoid the same fate.
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