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Debt and death bind Chicago as Emanuel seeks to bolster cops

from Bloomberg

In Chicago, the cost of living goes up to pay for pension promises made long ago, while the cost of dying provokes alarm in a city that this year has seen an almost 50 percent spike in homicides. Every man, woman and child in Chicago is already on the hook for $12,600 to rescue wobbly public pensions. This week, residents will learn from Mayor Rahm Emanuel how he plans to add more police to stem a wave of more than 500 killings and 2,500 shootings, mostly in black and Hispanic neighborhoods. more


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