The Bloomington area is at the very bottom of the country for economic growth. Other Illinois metros are almost as bad. – Wirepoints on WLS’ Ramblin’ Ray Show

Ted joined the Ray Stevens Show to talk about why business owners avoid expanding into Illinois, why the state’s dismal economic policies are causing areas around the state to decline, the potential for lawmakers to impose even higher taxes this year, and more.

 

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*Excerpt photo via Kent Kanouse

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Fed Up Taxpayer
10 months ago

Rep. Chris Miller’s website says approximately $2 BILLION has been spent in Illinois on healthcare for illegal immigrants in FY23 and FY24. The current Illinois budget allows for another $600 million in 2025-6. Comparatively, the illinoisstate.edu website shows appropriations for ISU that total $80 million for operating costs. ISU has received this each year since 2005 with no increases in funding. The 2025-6 budget numbers show about the same – $80 million. A large portion of the remaining funding comes from grants and bonds. And of course, MAP funding (that is not required to be repaid and citizenship does not… Read more »

Last edited 10 months ago by Fed Up Taxpayer
David F
10 months ago

I just can’t believe State Farm has not moved (yet).
How much Illinois pain can they endure?

Deb
10 months ago

The only businesses that Pritzker is recruiting are Chinese companies. American companies are leaving due to overtaxing and overspending on far left policies.

Hello, Indiana!
10 months ago

Aren’t college towns just about at the end of their ropes? I’m sure Carbondale, Macomb, and Chatsworth are probably all in this boat also.

ron
10 months ago

add DeKalb to the list.

More of the same
10 months ago

Illinois State has a healthy enrollment of 18 thousand undergrads. Indeed one can make the case it is completely full of students. So it is perplexing that Bloomington is suffering. ISU does not attract anywhere near the research dollars of U of I UC, so perhaps that is a factor. Quite disappointing.

Leaving Soon, just not soon enough
10 months ago

There is little hope for Illinois at this point. Pension costs growing like a cancer will force taxes much higher and services much lower. The rich educated people are leaving and being replace with illegal immigrants. None of the numbers come close to adding up and the public sector still wants more and more money and benefits.

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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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