-- Connecting the dots between our economy, government and business --
Washington sent supplements of $600 a week. Since the pandemic ravaged low-wage sectors like retail sales and restaurants, adding $600 a week to the lowest unemployment benefits pushed many recipients’ purchasing power above what they had while working.
In Illinois, for example, per capita personal income actually rose as the pandemic kicked in. It climbed to $66,224 in the second quarter, from $59,896 in the first, according to the state’s Office of Management and Budget.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
Recently online vendors have had to start collecting sales taxes. My question is how much newly discovered sales taxes has Illinois harvested compared to covid related loss of tax revenues? I don’t know of any way to find the answer to this and notice how the politicians remain quite reticent on the matter making me assume that the answer to the question would be just another reveal of another typical mess once again.