The bad thing about socialists is that they are incompetent. The good thing is that sometimes that incompetence prevents them from digging an ever deeper hole that future leaders will have to dig out of, which was shown by the latest failure from Chicago Mayor Brandon Johnson.
Chicago is facing a $175 million budget hole thanks to Johnson’s mismanagement, the second straight year Chicago has dealt with a budget deficit. Part of Johnson’s grand plan to fill that budget hole was to take a short-term, high-interest loan for pensions for nonteaching school employees. This inevitable disaster was such a high priority for Johnson that he forced out the Chicago Public Schools CEO over his opposition to the loan, leading to an exodus of school board members who resigned in solidarity.
Johnson replaced those members, whom he appointed in 2023, with new appointees whom he thought would back his big giveaway plan to his teacher union buddies. But the new board approved a budget by a 12-8 vote that did not include Johnson’s requested loan plan, relying instead on potential future funds from the Democratic state government, which had already rejected Johnson’s funding request last year. Johnson rigged the game in his favor, and he still managed to lose…