Illinois’ decades-long experiments with progressive economic policies have thwarted human potential and forced dependency on a massive scale.
Five things to remember from Governor Bruce Rauner's Inaugural speech
There are now 1.06 million more Americans working than when the recession began. In comparison, there are 232,000 fewer Illinoisans working over the same time period, the second-largest employment gap in the U.S.
The stunning data underscore an important point as power shifts to Governor-elect Bruce Rauner: Illinois cannot raise taxes on a population that is shrinking due to massive numbers of people leaving.
Localities don’t need to wait for Springfield to make the state work again.
The intent of the law is to prevent binge drinking and drunk driving. But it’s not clear this is the best policy to address either of these problems.
Work should, in fact, pay.
The DCEO started handing out EDGE tax credits in 2001. Nearly $1 billion later, Illinois is one of only seven states to be down jobs.
A thriving entrepreneurial culture depends on the ability to experiment and take risks without begging for permission from the government.
Illinois’ jobs crisis has led to a dependency crisis.
But Chicago’s minimum-wage hike is a stopgap for jobs.
Chicago City Council claims that over 400,000 workers in Chicago will get pay hikes. What lawmakers should be studying is how many tens of thousands of those workers are going to be unnecessarily thrown out of work the next time the economy slows down, property taxes go up or a new technology comes along that can replace human labor.
Leibundguth Moving & Storage has been in Downers Grove, Illinois, since 1928, and for over 70 years it has had a hand-painted sign on the back of its building facing the Metra commuter rail tracks.
Had Illinois managed the recession and recovery on par with the rest of the U.S., there would be an additional 300,000 Illinoisans working today, and an additional 220,000 payroll jobs.