Wednesday, February 23, 2011

Big problems, painful solutions could seal Emanuel's fate as one-termer

The Chicago Sun-Times reports:
Rahm Emanuel’s Round One victory gives him a running start on confronting problems so severe, the painful solutions could seal his fate as a one-termer.

Whether Emanuel can avoid a one-and-done scenario — assuming he even wants to serve more than four years — will largely depend on how he tackles the biggest financial crisis in Chicago history.

The city is literally on the brink of bankruptcy with a structural deficit approaching $1 billion when under-funded employee pensions are factored in.
Great moments in Blue America.