Illinois’s people problem is nothing to shrug off, because it indicates the state economy is on pace to continue its decline. And if nothing changes, people will just keep leaving.
So what’s wrong with Illinois?
Terrible economic policies.
Illinois ranks near the bottom in terms of economic freedom compared with the rest of the country, according to the Fraser Institute’s recent Economic Freedom of North America, or EFNA, report, released in partnership with the Illinois Policy Institute. This report ranks states based on an index of 10 variables related to government spending, taxes and labor market freedom. Only 12 states were ranked lower. Unsurprisingly, blue states California and New York ranked at the bottom of the economic freedom list.
Pennsylvania, which just overtook Illinois as the fifth-largest state in the U.S., ranks 18th on the index of economic freedom, compared with Illinois’ 35th place ranking.
While Illinois continues to shrink, states that rank near the top of the Fraser Institute’s economic freedom rankings are growing. Since the last recession ended in 2009, population in the 10 most-free states has grown 2.5 times faster than it has in the 10 least-free states. Employment and income have also grown faster in the freer states.
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8 comments:
Keep electing Democrats who whisper sweet promises to you, take your vote, then don't call you back the next day.
If you vote Democrat you are the problem. Time to wake up you have been screwed by the pooch and its your own fault.
Democrat = Communist
Oprah for Governor of Illinois!
Let "She'll Fix It!" be her campaign slogan.
While the Trump tax cuts are benefiting everyone and seding the economy into overdrive the dumbocrats are claiming tax cuts don't work.
I left 45 years ago. I saw the writing on the wall. Too bad I chose Maryland after leaving Florida, but I wanted my 4 seasons back. And hunting.
Mr Trump has made me a small fortune in the stock market, thank you sir. And for you democrats, keep buying those lottery tickets, they're a very good investment.
Illinois was once a powerful and corrupt state. Now it is just a corrupt state full of lawlessness in the cities and in government. It is collapsing under the weight of decades of corruption.
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