This is kind of a nothingburger as Illinois has ranked #5 in GDP for 20+ years ever since Florida passed it up in 2000. And Illinois’ current rate of increase was in line with the rest of the country. In other words, this is more natural momentum that anything.
5th largest economy in the US. That means California, NY, Illinois and NJ account for about 30% of the US GDP. Sounds like these states are too big to fail. It’s a nothing burger until those states are in need of future bailouts. The country won’t be able to ignore them.
Giddyap
3 years ago
Illinois Economic Policy Institute Is The House Organ Of Illinois’ Crooked And Corrupt Unions — Whatever They Say Should Be Ignored Automatically
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
This is kind of a nothingburger as Illinois has ranked #5 in GDP for 20+ years ever since Florida passed it up in 2000. And Illinois’ current rate of increase was in line with the rest of the country. In other words, this is more natural momentum that anything.
5th largest economy in the US. That means California, NY, Illinois and NJ account for about 30% of the US GDP. Sounds like these states are too big to fail. It’s a nothing burger until those states are in need of future bailouts. The country won’t be able to ignore them.
Illinois Economic Policy Institute Is The House Organ Of Illinois’ Crooked And Corrupt Unions — Whatever They Say Should Be Ignored Automatically