Indiana and Michigan laid the framework for a manufacturing and jobs recovery. Until politicians in the Illinois General Assembly get serious about pursuing real reforms, the state’s jobs climate with continue to decline.
Tax revenues in Illinois are up 22.5 percent over pre-recession highs, while 30 other states are collecting less tax revenue today than they were before the recession began.
The people of Illinois – workers, entrepreneurs and business owners – have been held back by policy errors that have plagued the state for decades. But with the proper policy framework, the state can come back to life and lead the Midwest.
Illinois is ready to boom. That is the single most important fact about Illinois’ jobs climate and economy as a whole. However, Illinoisans have been held back by policy errors that have plagued the state for decades, especially since the Great Recession. Policy errors are causing tremendous pain for Illinoisans, but that pain can be...
Since the Great Recession ended, Illinois’ food-stamp enrollment has outpaced job creation by a ratio of nearly 2-to-1. The jobs versus food stamps comparison is a strong indicator of economic hardship. And compared to the rest of the Midwest, Illinoisans are truly feeling the pain. Since the Great Recession ended, Illinois is the only state...
Illinois has long been known as a high-income state, but that‘s changed for many families in the middle. After decades of policy mistakes, the backbone of the state – Illinois’ middle class – has been hollowed out. Throughout Illinois’ history, innovation and high employment led to high incomes, making the Land of Lincoln a wealthy...
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.