I dont' think so at all. If we first begin simply by not running a deficit. I.e. The mayor's office increased their buget by 35% in the last five years (something from like 2 million to 3.5). If you look through the city budget, there are MANY frivolous programs that can be trimmed with out having a significant effect on service. We spend something like 300 million dollars annually on homeless programs? That's a little much for at most 3000 of these individuals? (Just guestimating).
There was an article in the star about a 9 million dollar bill for credit cards issued to city employees. It was 2 million in 2002. It's minor stuff like that can add up to close, or shorten the gap.
And all those condos that have been going up in the last 5 years? Do you realise how much revenue in property taxes it has generated for the city? At what, average of 2500 a unit?
And yes, there was some downloading of services, but people forget that the city uploaded some services too - Education being one of them.
Oh, almost forgot.
A mayor that will stand up to unions like that of CHICAGO.
yes, pipe dream
http://www.suntimes.com/news/cityhall/2010162,mayor-daley-truck-strike-vote-012510.article