Chicago: Capital of Municipal Privatisation
As it happens, Chicago is the nation’s leader in municipal privatization efforts. That’s right: The city that conservatives portray as the citadel of the power-grabbing, government-growing left has been selling itself off in pieces for years. It signed a 99-year lease for the Chicago Skyway, a toll road in the city’s South Side, back in 2005. It did the same for its big downtown parking garages in 2006. Last year, it approved a deal to privatize Midway Airport; fortunately, the arrangements fell through. Read more