Companies don’t put their marginal investments in places that are shrinking, that’s partly why Illinois has seen no new net jobs in over two decades – Wirepoints on AM 560 Chicago’s Morning Answer

Ted was on Chicago’s Morning Answer with Dan and Amy to talk about why Illinois’ $38 billion in education spending produces such poor results, why Illinois hasn’t created any net new jobs in over 20 years, the low chance of lawmakers fixing the worst aspects of the SAFE-T Act, and what to expect from union negotiations now that Amendment 1 is in effect.

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Susan
3 years ago

Investment can be described as deployment of potential energy. Potential energy can be described as objects which can be removed from states of inertia or entropy, and organized in order to create energy or productivity. Examples of potential energy include currencies, precious metals, roads, buildings, people…any of these objects left lying unused is not productive. But they all contain the potential to create energy and utility. The organization of potential energy for useful (as defined by human participants) deployment can be described as a network. A City or a State may be described as a network. Networks require a critical… Read more »

Aaron
3 years ago

Fake news! Immigrants to get manufacturing jobs to pay for the pensioners’ homes in Florida.

A new Texan
3 years ago
Reply to  Aaron

Sending more your way to help the pensioners.

Poor Taxpayer
3 years ago
Reply to  Aaron

Real Nice homes in Florida, only a government worker could afford. A private sector workers dreams are not that good. No state income taxes allow for a much nicer home.

Old Joe
3 years ago

Folks, don’t confuse a $38 billion government jobs program with education.

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