July U of I Flash Index Increased Marginally – University of Illinois
The Illinois unemployment rate continued its decline, falling to a surprising 4%, only four-tenths of a percentage point above the national level. Illinois tax revenues were relatively strong with both individual income and corporate tax receipts up in inflation-adjusted terms compared to the same month last year while sales tax receipts were down slightly in real terms.
Ted joined Dan and Amy to talk about AFSCME’s new 4-year contract and their guaranteed benefits, the overwhelming power public sector unions have over taxpayers, why Mayor Brandon Johnson’s OpEd shows exactly what’s wrong with K-12 education in Illinois, and more.
“Johnson needs to stop trying to get rich quick by targeting Chicago’s most productive citizens and undertake the arduous work of remaking the city’s core without gimmicks…He needs to get busy promoting public safety, workforce development, entrepreneurship and the arts, events and other programs that will keep the heart of the city productive. Mayor Johnson, downtown matters, and it needs you to be its patron, not a leech.”