Rahm Emanuel inherited a tough challenge when he became mayor of Chicago in 2011: the city faced hundreds of millions of dollars in budget shortfalls and crippling unfunded pension liabilities. Yet Barack Obama’s former chief of staff managed to make things worse by pursuing a policy of elite-oriented urbanism, or what Joel Kotkin and Fred Siegel have dubbed “gentry liberalism”: increased spending on amenities and subsidies targeted at the elite, accompanied by painful cuts in basic public services for the poor and middle class. In 2012, for instance, Chicago slashed its library budget by $8 million—nearly 10 percent—forcing reductions in hours and staffing levels. The city also closed half of its mental health clinics.No middle class for you Blue America.
Thursday, October 17, 2013
Well-Heeled in the Windy Cityl
City Journal reports: