Chicago is ripe with problems, but the biggest one is the hopelessly underfunded public employee pension plans and post retirement health care benefits. The city is basically bankrupt because of many many years of horrible fiscal management. I am not trying to understate it's horrific crime and murder statistics, but those costs are more or less born by the City's unfortunate residents. The fiscal mess that is upon Chicago will most likely become the financial responsibility of all of American tax payers, even the ones that live in places that sacrifice in the name of fiscal responsibility. Very sad indeed.
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