What do you get when you have a mass exodus of residents leaving (or wanting to leave) the state, high tax burdens, unsustainable "pension liabilities,” powerful teacher and labor unions, and a Democratic-controlled state legislature and chief executive? Answer: Five hundred jobs created in nine months (via my colleagueJazz Shaw):
That’s abysmal. No wonder a recent Gallup study found that exactly half of all Illinoisans want to get the hell out of there:
Perhaps one economic indicator that a state is experiencing robust job growth -- and an abundance of opportunity -- is that Americans want to move there. Likewise, logic instructs us that the reverse is also true: if residents of (say) Illinois are fleeing in droves, that’s probably an ominous sign.
After all, who wants to stay in -- or move to -- a US state where jobs aren’t being created (see above) and its credit rating keeps getting downgraded?
I certainly wouldn't. Would you?
http://townhall.com/tipsheet/danieldoherty/2014/07/03/total-number-of-jobs-created-in-illinois-in-20132014-900-n1858270
ReplyDeleteSweet and short article.
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