Thursday, Apr 24, 2014
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Recent Comments

yesqcy - City/Firefighters labor contract must be voted on again - Quincy, IL News - QuincyJournal.com
Very true, everyone has to have a first time. But what about the city attorney and the rest of the council? Nobody?
Mizzougrad - Quincy City Budget hearings and Council meeting - Quincy, IL News - QuincyJournal.com
Your right, the pensions that the city chose to underfund for years because they could, and now it's all our fault. For someone in business, don't understand how you do not understand the concept that you close a station, you don't just reassign the firefighters, because then there are no savings. You close a station because you want to lower the number of firefighters, period. You know…
topdown - Quincy City Budget hearings and Council meeting - Quincy, IL News - QuincyJournal.com
Once again, I will ask you: Do you understand business at all? The City can't print money. The police and fire pensions have thrown the entire system so far out of whack that the City can't make "want to" decisions; it is a "have to" situation. You can cry the blues all you want about the poor, poor firefighters, but their greed over the years has contributed greatly to this mess, so what…
topdown - Quincy City Budget hearings and Council meeting - Quincy, IL News - QuincyJournal.com
I haven't read a single comment about laying off firefighters, except, perhaps, from your Chief. You are paid, and paid very well, to do a job. If you don't like it, quit. People will line up to take your spot. No one is complaining about the services you provide. The problem is cost. Why is it so hard to understand that the City coffers are not a bottomless pit? Your pensions have…
topdown - Quincy City Budget hearings and Council meeting - Quincy, IL News - QuincyJournal.com
Your condescending attitude is just plain insulting. Thousands and thousands of small business owners have suffered in this economy over the past decade or so. Should we all "reinvent" ourselves? What an idiotic statement! It is patently obvious to me from the comments you have made in different discussions that you have lived a life of privilege and have never given an honest day's work in…

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Illinois predicted to be 50th in job growth in 2014

3 months, 1 week ago by Ted Dabrowski, Illinois Policy Institute

Moody’s Analytics puts Illinois in dead last for job creation, predicting the state’s payroll job numbers will only grow by 57,000 jobs

The same group that says the state of Illinois’ credit rating is the worst in the nation now predicts Illinois will create the fewest jobs in the nation in 2014.

Moody’s Analytics puts Illinois in dead last for job creation this year, predicting the state’s payroll job numbers will only grow 0.98 percent. That’s an increase of only 57,000 jobs.

Moody’s individual June 2013 report on Illinois says the state is “underperforming the lagging Midwest in most economic indicators, including employment.”

The report reaches the conclusion that the state’s recovery is “sputtering” and won’t reach pre-recession employment levels until 2015, a year after the rest of the nation. 

This Moody’s report indicates how poorly Illinois has encouraged economic recovery and job growth.

The state has the fourth-highest unemployment rate in the nation, and spent most of last year with the second-highest rate. More than 565,000 Illinoisans are unemployed and 1 million are unemployed or underemployed.

And rather than changing course and enacting pro-growth reforms like other states continue to do, Illinois is following the same failed economic policies it always has. High taxes, burdensome regulations and massive spending and borrowing have left the state with the worst credit rating in the nation, more than $7 billion in unpaid bills and the worst pension crisis of any state.

The result: Illinois is being left behind as the rest of the nation improves. Already Illinois’ unemployment rate is 1.7 percentage points above the national average. If Illinois continues to stagnate, that disparity will continue to grow.


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