On the Chicago Teacher's Strike Pyrrhic Victory

Blue policies simply can’t be made to work. Higher taxes won’t fix the problem of an overpriced, underperforming school system; indeed, they will just drive out even more of the city’s tax-generating economic base. The city is now on a course to make all its problems steadily worse. Chicago is slowly bankrupting itself to sustain a school system it can’t afford that doesn’t educate its kids very well.”

Something that can’t go on forever, won’t. That observation, from economist Herb Stein, is likely to be the sum-up aphorism of this decade.