Only about a decade too late, former President Barack Obama is rolling out a plan to enhance the economy—at least on the South Side of Chicago. But some residents are skeptical. Certainly they have every right to be, given the 44th President’s track record. Oddly, some reluctant locals seem to be worried that Mr. Obama will attract too much wealth to the jurisdiction, a possibility that most Americans never had to consider during the eight years ending in January 2017. One concern is that gentrification might make the area...

Source: Wall Street Journal March 01, 2018 18:56 UTC