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Illinois Policy Institute claims budget impasse may have hurt job growth more than tax hike
Monday, Nov 5, 2018 - Posted by Rich Miller * The Illinois Policy Institute, the the lead cheerleader for the two-year impasse, made a startling admission a few days ago…
Now you tell us? Thanks! * Here’s the rest of that sentence…
* Jake breaks it down…
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- Amalia - Monday, Nov 5, 18 @ 1:39 pm:
Oh, now you tell us. Head. Desk.
- Oswego Willy - Monday, Nov 5, 18 @ 1:43 pm:
If it was the impasse, that’s on Rauner. It was purposeful.
“I’m frustrated too but taking steps to reform Illinois is more important than a short term budget stalemate”
That was Rauner’s House Floor Leader.
Maybe the IPI should look back at that too.
- Da Big Bad Wolf - Monday, Nov 5, 18 @ 1:47 pm:
Illinois Policy Institute distorting data? Tell me it isn’t true.
- wordslinger - Monday, Nov 5, 18 @ 1:52 pm:
LOL, who spiked the punch bowl over there?
A couple of weeks ago they told us there is virtually no wasteful state spending.
- Anonymous - Monday, Nov 5, 18 @ 1:53 pm:
Who will believe the IPI anymore?
- Huh? - Monday, Nov 5, 18 @ 2:00 pm:
“Illinois’ budget impasse may have also been a drag on employment growth”
Ya think?
How many companies laid off staff or were closed because of non payment or excessive late payment of invoices?
If 1.4% had signed 4 budgets and paid the state’s bills, he would have had something to run on. Instead, he has only his failings to brag about.
- Reality Check - Monday, Nov 5, 18 @ 2:00 pm:
@anonymous, unfortunately, literally dozens of elected officials who aren’t interested in facts and reporters who can’t be bothered with them.
- Ducky LaMoore - Monday, Nov 5, 18 @ 2:11 pm:
Bruce Rauner, the man that makes Pat Quinn’s legacy look Edgaresque. Nobody else could have done it. Nobody else had the will to do it. Congrats Bruce.
- PP - Monday, Nov 5, 18 @ 2:12 pm:
IPI is a joke
- Al - Monday, Nov 5, 18 @ 2:21 pm:
Well the important thing is the issuance and placement fees on all those tax free municipal bonds that were issued were paid despite 8 credit downgraded in four year. Credit downgraded due to lack of budget.
- JS Mill - Monday, Nov 5, 18 @ 2:40 pm:
I question the questionable statement by the IPI. How could our economy grow when everyone was supposed to leave the state? (obviously snark).
Given the avalanche of nonsense peddled by the IPI, do they even know what they are saying anymore?
- Anonymous - Monday, Nov 5, 18 @ 2:48 pm:
Reality Check-the opponents of those elected officials should make that a campaign issue.
- zatoichi - Monday, Nov 5, 18 @ 2:52 pm:
Have any of the superstars who left IPI to work for Rauner returned to IPI or is that a new crew over there?
- Boone's is Back - Monday, Nov 5, 18 @ 3:20 pm:
===Illinois’ budget impasse may have also been a drag on employment growth, perhaps even more than the tax increase===
Better late than never?
- Chicago Cynic - Monday, Nov 5, 18 @ 3:46 pm:
Thanks IWT. It’s such an obvious data trick, especially if you have even the most rudimentary understanding of the last decade. But it’s also an obvious attempt to cover up their admission that the impasse was a total economic fiasco. Look at the birdie over there…
- City Zen - Monday, Nov 5, 18 @ 4:27 pm:
So how did Illinois fare against the national average each of those years?
- Skeptic - Monday, Nov 5, 18 @ 4:28 pm:
“I’ll take ‘How to Lie With Facts’ for $500 please, Alex.”
- cdog - Monday, Nov 5, 18 @ 4:51 pm:
There is nothing that an income tax rate change, or a hollow kumbaya in Springfield, can do to move the needle on job growth.
It’s property taxes, property taxes, property taxes.
The folks that are paying these ridiculous bills will continue to make plans to earn their livelihoods elsewhere. Those that may think about coming …
This isn’t as complicated as Springfield wants us to think and has to be fixed dramatically if this state will ever truly grow again.
- Demoralized - Monday, Nov 5, 18 @ 5:23 pm:
==It’s property taxes, property taxes, property taxes.==
Which are only going to be “fixed” by higher income taxes to offset the reduction in property taxes.
- Anonymous - Monday, Nov 5, 18 @ 5:39 pm:
=it’s property taxes, property taxes, property taxes=
If you think that your property taxes are too high then don’t complain when your police and fire protection and art,music & sports in schools are cut.
- City Zen - Monday, Nov 5, 18 @ 5:42 pm:
==Which are only going to be “fixed” by higher income taxes to offset the reduction in property taxes.==
So a $1 for $1 reduction? Why didn’t JB say so to begin with?
- JI - Monday, Nov 5, 18 @ 9:15 pm:
The income tax rate was not 3.75% in 2010.
- Jerry - Tuesday, Nov 6, 18 @ 8:52 am:
“Not to mention for some reason they only look at private sector jobs…soooo apparently teachers and firefighters don’t have real jobs?)” Not to mention the hundreds of social workers, counselors and therapists that either lost their jobs through program closure due to the budget impasse, or they left IL because they know IL will never properly fund human services.