America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare programs. In doing so,...View Report
Portillo’s CEO Michael Osanloo said the Illinois-based chain is looking to expand in states more friendly to businesses.
Gov. J.B. Pritzker’s newest campaign ad credits him with fixing state finances and boasts of Illinois’ job growth. Both are among the worst in the nation.
Minimum wages for Chicago and Cook County are increasing July 1. Inflation has rapidly outpaced wage growth, cutting the average Illinoisan’s pay by $2,200.
As jobs growth and wage growth show signs of slowing, tax and regulatory changes could help prevent economic pain.
While the start of the COVID-19 pandemic caused consumer spending to drop across the U.S., the decline was worse in Illinois. Gov. J.B. Pritzker’s harsher restrictions appear to be the culprit.
The pandemic caused the largest and shortest economic contraction in U.S. history. But as other states recovered, Illinois’ economy remained $17 billion below the pre-pandemic trend through the first half of 2021.
Illinois’ labor market has heated up, gaining 40,900 jobs in October. It was the largest increase in 2021 as women, especially minority women, returned to work
If Illinois could have reduced corruption to the national average, an estimated 79,000 fewer people would be living in poverty, according to an analysis by the Illinois Policy Institute. State lawmakers can help by passing ethics reforms.
Gov. J.B. Pritzker said Illinois is close to starting the extra ‘bridge phase’ of mandates he added in March, but over a year into his COVID-19 restrictions it is another barricade to the state’s economy. States with fewer limits are seeing bigger declines in infections.
Each Illinois taxpayers owes $52,000, thanks to politicians spending more than they already take in. On Nov. 3 taxpayers will be asked for even more.