Accepting a deal that includes $6 million in subsidies, Wynright Corporation will expand its operations in Indiana and close plants in suburban Elk Grove and Oak Lawn.
Illinois will need more foreign investment, and major reforms to the state’s business climate, in order to get off the weak economic path it now treads.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.