Community Chat

[hyacinth003]

Referring to the city of Chicago. It's credit rating has been downgraded from A3 to Baa3.

It now stands a few points above "junk" status. It is the worst city rating aside from Detroit.

The average Cook County resident is in $61,000 debt. If pensions are added, it is $84,000 they would be on the hook for.

The population is now lower than in 1920. Higher taxes will just cause more residents to flee.

Another once great city in a lot of trouble.

Sources: NY Times, Chicago Tribune, CNN Money, multiple

Hyacinth

[tansy]

Any idea how to get a once great city back on its feet?

[JaneMarple]

On 3/5/2014 tansy said: Any idea how to get a once great city back on its feet?

Get ready tansy, you asked for it.

[mgm2]

Hyacinth, can you tell us 10 good things about Chicago?

[tansy]

Okay. I'll put on my helmet.

[hyacinth003]

On 3/5/2014 tansy said: Any idea how to get a once great city back on its feet?

I have lots of ideas!!

But saying them would get my post removed, so I won't.

Hyacinth

[evelomaddict]

what a shame.

[tansy]

On 3/5/2014 hyacinth003 said:

On 3/5/2014 tansy said: Any idea how to get a once great city back on its feet?

I have lots of ideas!!

But saying them would get my post removed, so I won't.

Hyacinth

Then why post, hyacinth?

[mgm2]

From what I've learned from history, Chicago for one reason or another, has ALWAYS been in the toilet.

[Irshgrl31201]

On 3/5/2014 tansy said:

On 3/5/2014 hyacinth003 said:

On 3/5/2014 tansy said: Any idea how to get a once great city back on its feet?

I have lots of ideas!!

But saying them would get my post removed, so I won't.

Hyacinth

Then why post, hyacinth?

So only posts that contain solutions are allowed. I will remember that for future posts.