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Strong Illinois economy has been very good for business
Daily Herald ^ | 03/24/2023 | Frank Manzo IV

Posted on 03/24/2024 1:49:04 PM PDT by ChicagoConservative27

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To: ChicagoConservative27

IL raises a LOT of corn and soybeans. For many years has been 1st or 2nd in the nation in those two crops.


21 posted on 03/24/2024 3:22:15 PM PDT by Zuriel (Acts 2:38,39....Do you believe it?)
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To: ChicagoConservative27
We are America’s sixth-largest state and fifth-largest economy, now generating $1.1 trillion annually — more than 13 other states combined.

That tells us nothing about the trend. I assume the same was true 10 or 20 years ago. I would guess that Illinois ranked higher than that in the past. I'm sure they weren't lower.

Indeed, according to data from the Bureau of Economic Analysis, Illinois’ economy has expanded by $217 billion over the past five years. That’s more than all the goods and services produced every year in North Dakota, South Dakota, and Alaska combined. Put simply, our businesses, workers, residents, and visitors have added the equivalent of three states to our economy in just five years.

Again, that tells us nothing about the trend. That was probably at least as high 20 years ago. I wouldn't be surprised if Illinois grew by the equivalent of the output of those states every four years instead of five back then.

To summarize, he is writing for stupid people.

22 posted on 03/24/2024 3:25:51 PM PDT by lasereye
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To: ChicagoConservative27

Promotion of the alleged paradise found in a Dem state:
“Illinois is a Democrat stronghold and one of the “big three” alongside California and New York. It is considered one of the most Democratic states in the nation and following the 2018 elections, all six statewide elected offices have been held by a Democrat.”

Give you goosepimples to think about it’s grandeur. Even in Chicago if you duck fast enough.


23 posted on 03/24/2024 3:26:55 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: In_Iowa_not_from

Photo caption:

🎼....cause when you’re smiling,
the whole world smiles with you.


24 posted on 03/24/2024 3:28:36 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: ChicagoConservative27

Strong relative to last year maybe. But not relative to the rest of America.


25 posted on 03/24/2024 3:38:10 PM PDT by Brilliant
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To: In_Iowa_not_from

He’s got that “used car salesman” look about him….
I wouldn’t turn my back on the guy.


26 posted on 03/24/2024 3:44:54 PM PDT by telescope115 (I NEED MY SPACE!!! 🔭)
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To: ChicagoConservative27

>>>We are America’s sixth-largest state and fifth-largest economy, now generating $1.1 trillion annually

Hey, how about shining a light on liabilities, risks & losses?


27 posted on 03/24/2024 3:46:48 PM PDT by existentially_kuffer
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To: frank ballenger

I would LOVE to get out of Illinois, if only I could afford it.


28 posted on 03/24/2024 3:49:01 PM PDT by telescope115 (I NEED MY SPACE!!! 🔭)
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To: telescope115

Tell them you are an illegal alien and let them put you up in a hotel and then deport you.


29 posted on 03/24/2024 3:53:45 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: ChicagoConservative27

Frank, here’s all you really need to know about Illinois. Namely, it has the highest debt ratio (468.7%) in the U.S. (per worldpopulationreview.com)

3. Illinois
Illinois has the third-highest debt in the U.S., with total liabilities equaling $248.67. With total assets of $53.05 billion, Illinois has $187.7 billion in unfunded liability. This creates a debt ratio of 468.7%, the largest in the U.S.

To pay that off, every person in Illinois’s 12.7 million population would need to pay $14,780. Like New Jersey, the biggest problem in Illinois contributing to the debt is billions of dollars for retired government workers’ pensions and health insurance benefits.


30 posted on 03/24/2024 4:10:16 PM PDT by Cen-Tejas
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To: ChicagoConservative27

Must be the illegal aliens building the state. Everyone who could has already left.


31 posted on 03/24/2024 4:15:23 PM PDT by DeplorablePaul
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To: ChicagoConservative27

That is why everyone is leaving.
I was last in Chicago in 2012.
Wild horses lit on fire couldn’t drag me back there.


32 posted on 03/24/2024 5:58:06 PM PDT by Zathras
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To: Zuriel

Illinois raises a LOT of corn and soybeans, but the cost of diesel, farm equipment, etc. sucks all of the profits from the farmers.

A person can judge the condition of a state by the condition of its highways and roads. POTHOLES everywhere.


33 posted on 03/24/2024 6:04:02 PM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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To: stars & stripes forever

Yep, farming is (and has been for decades) a small profit margin business. I lived it. Get bigger or get out of that career. I got out. The real estate taxes the farmland owners pay is enormous.

I certainly know the roads of IL are bad. I lived in Mercer county IL for 62 1/2 years. Left at the end of 2016. My youngest brother works for IDOT, filling holes is only interrupted by plowing snow or mowing roadsides, but they can’t keep up with decay.


34 posted on 03/24/2024 6:30:00 PM PDT by Zuriel (Acts 2:38,39....Do you believe it?)
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To: Zuriel

The question is: Why are Wisconsin roads superior to Illinois roads. Iowa and Indiana too.


35 posted on 03/24/2024 6:38:00 PM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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To: ChicagoConservative27
Strong Illinois economy has been very good for business

You just can't make this up.

Oh, um. wait, this was totally made up, wasn't it?

36 posted on 03/24/2024 6:52:15 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston ChurchIill)
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To: hanamizu

If the economy expanded it was government money.


37 posted on 03/24/2024 7:02:40 PM PDT by Chickensoup
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To: ChicagoConservative27

If the economy is so good, why the hell are they constantly pissin’ and moanin’ about too many illegal aliens shacked up there. Somebody is lying.


38 posted on 03/24/2024 7:14:25 PM PDT by FlingWingFlyer ("A Noble Heart Can Know No Ease Without Freedom.")
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To: stars & stripes forever

Those three have much more rolling ground for better moisture runoff. That’s important. And IL ranks 3rd in the nation, behind TX and CA, for interstate highway miles.

But when it comes to square miles of the state per mile of Interstate road, IL has them beat bigly. ( I’ve trucked every mile of it except the I-90 Skyway in Chicago.)


39 posted on 03/24/2024 7:14:36 PM PDT by Zuriel (Acts 2:38,39....Do you believe it?)
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To: Cen-Tejas

The 2 states with higher ratios have to be New York & California


40 posted on 03/25/2024 12:18:11 AM PDT by 1756-L85E
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