Survey: Increasing number of Illinois small businesses worry about tariffs impact – Center Square

Researcher Chuck Casto said in January, 35 percent of Illinois small businesses were concerned about the effects of tariffs. “That’s significant, that’s more than a third, but now it’s up to 47 percent,” said Casto. “They’re worried about many different effects, they’re worried about what this will do in terms of inflation, in terms of consumer spending.”
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Brian Jones
1 year ago

If they want to really be worried they might want to read a history book about the impact of Smoot-Hawley.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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