Re: Another kick in the pants for our area
With all due respect to the posters on this thread, Illinois has a lesson to learn that seems to be hard in coming. (I lived in Cook County for about 16 years and still do some business there.)
If you make it costly to do business in your location, businesses will find somewhere else where the cost is lower. Simple enough, isn't it?
"He gave tax breaks to big corporations" is the big political cry this election year, but the flip side is never mentioned: the fact that this is what keeps big corporations operating in your district. Like it or not, Illinois just continues to increase taxes on business and consumers, and so creates a relatively hostile environment for both.
A general economic downturn pushes some over the brink, and it appears that it has happened in this case.