Despite the city’s impending teachers strike, unaffordable pension debt and declining population, a Chicago alderman warns against late night trick-or-treating for fear of clowns.
Unlike Illinois, Pennsylvania has actually recovered the number of jobs it lost during the Great Recession, and now has 40,000 more jobs than it had at its pre-recession peak. Illinois, on the other hand, still has 90,000 fewer jobs than it had before the recession, the worst jobs recovery in the U.S.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...