The biggest challenges for Illinois are lack of both entrepreneurship and capital, and failure to look ahead
My successful friends all bad-mouth Illinois. They’re going to leave, or so they threaten; some do. Yes, we have problems, yet these are more than offset by impressive, possibly unmatched, strengths overall.
According to former state commerce Director Jim Schultz, regarding the six R’s critical to economic development — roads, runways, railroads, rivers, routers and research — Illinois is arguably among the top three states in each. Think about it: Yes, we have our problems, but so do all states. Our property taxes are sky-high. Ditto for state debt. The swagger of labor unions, which basically run the Illinois Democratic Party, puts off businesses across the nation. The state is not well managed. For example, the state’s child care agency has been under a federal consent decree to do better — for more than 30 years! Street crime is an embarrassment, though localized for the most part.All these problems can be ameliorated.
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