Wisconsin

California’s fake reforms yield credit upgrade

01/31/2013
In January, Standard and Poor’s upgraded California’s credit rating to A from A-, an action the rating agency said resulted from the state’s “improved fiscal condition.”

Illinois unemployment: politicians living in an alternate reality

By Ted Dabrowski, John Klingner
12/21/2012
Illinois’ unemployment fell to 8.7 percent in November from 8.8 percent in October, adding 16,400 new payroll jobs. Despite this small decrease in the unemployment rate, Illinois is still a full percentage point above the national unemployment average of 7.7 percent, and 1.6 percentage points higher than the average of its neighboring states. That fact –...

Illinois unemployment rate remains stagnant while neighboring states see improvement

By Ted Dabrowski, John Klingner
11/21/2012
Illinois’ unemployment rate remained at a stagnant 8.8 percent in October, unchanged since September and still far above the national unemployment rate of 7.9 percent. Adding only a paltry 4,800 jobs last month, the state has been stuck in neutral, at best. Illinois’ neighbors, on the other hand, are watching their unemployment rates drop. They’re...

Illinoisans foot $2.3 million cable bill for state inmates

By Benjamin VanMetre
11/21/2012
When families in Illinois need to tighten their belts, cable TV is often one of the first expenses to go. A state nearing bankruptcy should do the same. The Illinois Department of Corrections (IDOC) racked up a cable bill of $2,261,009 between July 2010 and June 2012. Popular channels included in this bill were MTV,...

Michigan voters say no to union proposals

By Paul Kersey
11/07/2012
An interesting test for Illinois came in Michigan, where labor unions were largely defeated in a state that saw Democrats do well. Michigan voters rejected two union-backed ballot proposals that were intended to undo a string of labor-law reforms and cost-saving measures. The results confirm that the public in the upper Midwest is ready to rethink...

Even before record 67 percent tax hike, Illinois has 11th-highest tax burden nationwide

By Ted Dabrowski, John Klingner
10/23/2012
The Tax Foundation has reaffirmed Illinois’ status as a high-tax state in its newly released 2012 Annual State-Local Tax Burden Ranking. Based on the Census Bureau’s 2010 data, the report found that Illinois’ overall tax burden per resident is the 11th highest in the nation. Some highlights from the report include: At 10.2 percent, Illinois has...

Unemployment increases, but underemployment is even higher

By Ted Dabrowski, John Klingner
10/02/2012
The nation’s unemployment rate increased to 7.9 percent in October from 7.8 percent in September, according to the Bureau of Labor Statistics. If that number is a reflection of the country’s anemic recovery, consider the implications of Illinois’ 8.8 percent unemployment rate in September. There are more than 580,000 Illinoisans formally out of work. And these...