Politicians Accelerate Chicago’s Race to Ruin
Chicago's financial crisis deepens due to reckless union-backed legislation increasing pension liabilities, with leaders failing to take corrective action.
George Will asks a relevant question — with so many blue states beholden to Big Labor and their big spending policies, will the Federal Reserve start bailing out states, cities and municipalities?
Obviously, a bailout would do nothing but kill efforts to reform the system. It would allow union bosses to continue to press for higher salaries and benefits for government workers and the politicians who they elected would have no reason to say no.
Keep an eye out on this issue. It is the next big labor bailout on the horizon.
Chicago's financial crisis deepens due to reckless union-backed legislation increasing pension liabilities, with leaders failing to take corrective action.
Since Big Labor-backed legislation repealing Right to Work protections for employees went into effect in early 2024, the state has gone from adding jobs to losing them.
"Helping people like Zohran Mamdani get elected makes far less sense to ordinary workers, whether they are unionized or union-free."