No more fun and games

Chicago Reader's Ben Joravsky tells the I.O.C. why Chicago is not their kind of town.

Here’s the fundamental problem: We can’t afford the games. We’re broke—and I mean damn near destitute. The public school system is about $475 million in the red and the city’s facing its own deficit of at least $200 million. Just a few months ago Mayor Daley said he’d balanced the budget by raising fees and fines and slashing the city payroll, but already expenses have risen and revenues have dropped faster than anticipated. His aides have warned that more cuts could be on the way.

The Beachwood Reporter has more.