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· Guv’s campaign responds to JBT economic development plan: Topinka’s proposal was “full of empty promises” and, in some cases, redundant in calling for tax-credit incentives to increase and retain jobs.
· DCEO wouldn’t actually be eliminated: Although a press release issued by her campaign said Topinka wants to “disband” the state’s economic development agency as part of her plan, she later said she would only change how the 480-employee Illinois Department of Commerce and Economic Opportunity is administered.
· What DCEO programs would be cut by JBT?: Asked for examples of programs that would not meet the new focus, McGovern said they would include “energy conservation, recycling and the many pork-barrel projects designed to placate political allies and members of the legislature.”
· And the governor had some counter-measures: The same day Republican gubernatorial challenger Judy Baar Topinka unveiled a plan for job and economic growth, Gov. Rod Blagojevich offered his solution for Southern Illinois counties. Blagojevich signed into law Wednesday the Southern Illinois Economic Development Authority (SIEDA), which authorizes issuing of up to $250 million in bonds to encourage economic development projects in the 14 southernmost Illinois counties.
posted by Rich Miller
Thursday, Jul 13, 06 @ 10:13 am
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Blagojevich, the King of empty promises says, “full of empty promises.” A man who ran as a reformer, and is the total essence of the status-quo except a little lazier. This guy needs to look into the mirror and ask who is the one with empty promises!
Comment by Lovie's Leather Thursday, Jul 13, 06 @ 10:11 am
All of a sudden this governor knowa where Southern Illinois is.
Comment by DOWNSTAE Thursday, Jul 13, 06 @ 10:31 am
Downstate. I hears he thought people from Saline county had to apply for green cards to go to Peoria.
Comment by anon Thursday, Jul 13, 06 @ 11:50 am
SEIDA - more future debt for Illinois.
Comment by Anonymous Thursday, Jul 13, 06 @ 12:20 pm
I’m worried about the additional debt, but in general I applaud the Governor and the various legislators for pushing SEIDA through.
The problem is, no one really knows what it will do. I’m talking the average working man. So I don’t know how much help it will be in gaining votes, not that that should matter.
Comment by RickG Thursday, Jul 13, 06 @ 1:17 pm
Once more he sets up a committee to design a horse and will end up with a zebra!!! Southern Illinois needs to diversfy its economic base past coal>> it needs incentives for this diversifiction The bonds may be a place to start but it will take more than that to turn S IL around!.
Comment by Ben There B Four Thursday, Jul 13, 06 @ 9:02 pm
These economic development authorities sound good on paper but WILL NOT improve the business climate in Illinois. They are just a source of cheaper loans (or in Rep Granbergs case, grants to buy votes)
Comment by Anon Thursday, Jul 13, 06 @ 10:03 pm
Of course will be more additional debts.
Comment by Wong Monday, Jul 17, 06 @ 6:33 am