By: Mark Glennon* Suppose we agree that something locally produced — anything, widgets let’s say — is unaffordable for many people. And suppose we want to make those widgets more affordable. How does this solution sound? Pass a law ordering local widget makers to sell 10% of their widgets at a lower price. If they don’t, make them pay a fee and give the fee to the government to make widgets. Put it that way to an average 12-year-old and I think we could guess at some answers: Widget makers would just go somewhere else. It’s not
Comment: Well, some things are happening for the better. One, indeed, is the entrepreneurial culture that’s growing here. Among its virtues is a cultural one — it’s an antidote to the clock-punching, employee mentality that has strangled Illinois.
The delay or disappearance of Kane County’s portion of state income tax funds pushed officials to begin planning Wednesday for a possible $500,000 monthly revenue loss until state lawmakers solve the ongoing budget impasse. Comment: Why is this highlighted in red? Because it may be a precursor for so many others.