Connect with us

Politics

Illinois Has A Serious Tax & Debt Problem – Here’s Why

Published

on

(Via Zerohedge)

Illinois has been losing population for four years. The state’s out-migration crisis is so bad that Illinois has dropped from the fifth-largest to the sixth-largest state, falling behind Pennsylvania. Since 2010, the Land of Lincoln lost a whopping 640,000 people on net to out-migration. The state is shrinking so rapidly that it’s at risk of losing a House seat.


Illinois’s people problem is nothing to shrug off, because it indicates the state economy is on pace to continue its decline. And if nothing changes, people will just keep leaving.


So what’s wrong with Illinois?


Terrible economic policies.


Illinois ranks near the bottom in terms of economic freedom compared with the rest of the country, according to the Fraser Institute’s recent Economic Freedom of North America, or EFNA, report, released in partnership with the Illinois Policy Institute. This report ranks states based on an index of 10 variables related to government spending, taxes and labor market freedom. Only 12 states were ranked lower. Unsurprisingly, blue states California and New York ranked at the bottom of the economic freedom list.


Pennsylvania, which just overtook Illinois as the fifth-largest state in the U.S., ranks 18th on the index of economic freedom, compared with Illinois’ 35th place ranking.


While Illinois continues to shrink, states that rank near the top of the Fraser Institute’s economic freedom rankings are growing. Since the last recession ended in 2009, population in the 10 most-free states has grown 2.5 times faster than it has in the 10 least-free states. Employment and income have also grown faster in the freer states.


So why are economically free states growing while states such as Illinois are losing residents? One reason is that high levels of taxes, spending and regulation make it harder for entrepreneurs to succeed. When businesses can’t expand and hire new workers, it hurts everyone. Illinois’ lack of opportunity pushed nearly 100,000 people to drop out of the workforce in 2017 alone.


States that have seen the fastest economic growth, such as Texas and Florida, tend to have a common focus in their economic policies: low taxes (including low or no income taxes), a fiscally responsible approach to spending and a common-sense approach to regulation that makes it easier for entrepreneurs to be successful.

Read The Rest Here

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Politics

Trump judges…….The Purge!

Published

on

I’d rather be judged by 12 than carried by six.

That great lyric from Ice Cube has more bite and meaning in the run up to the 2020 election. Now we have the investigation of the investigators. The Mueller investigation and everything it has encompassed is now being scrutinized. We are finally looking at indictments and guilty pleas from the corrupt cabal that tried to bring down, frame, jail and impeach a duly elected, INNOCENT president and anyone in his sphere. Getting to the point of investigating the investigators has been a long hard slog.

We did not foresee how really deep and treacherous the swamp really was. You could investigate, indict and try someone like a Hillary Clinton for example, and someone of authority in that chain is a corrupt actor from the Deep State and you will then see the guilty party skate free. Or you can have a completely innocent Mike Flynn, Roger Stone, George Papodopoulos railroaded by a corrupt judge. The Michael Flynn case is the most glaring. The DOJ has dropped the case and charges against him and in an unprecedented move the judge does not drop the case, he extends it as if he is the prosecutor.

So there is a light at the end of the tunnel my friends. Donald Trump has been appointing a record number of federal judges. This is a brilliant move and somewhat frustrating and time consuming. But there is a method to the madness. Why investigate, indict and try just for a Deep State judge to let the guilty party walk free? Donald Trump has appointed over 300 judges and counting. More will be appointed to the bench and now there is a more likely chance when the guilty parties are tried, there will be justice. So there is a silver lining in this swamp covered cloud.

News@11

By Michael Ameer

Continue Reading

Politics

The reckoning of the fake news media.

Published

on

Karma, the sweet smell of poetic justice, the bully gets punched in the nose in the end! Fake news finally gets counted out and David to the Goliath is a teenager named Nicholas Sandmann the MAGA hat wearing unassuming media slayer.

Nicholas Sandmann and his legal team has announced a settlement with The Washington Post on their $250 Million dollar suit. This comes also on the heels of the multi-million dollar suit against CNN. They have stated 2 down and six to go.  Here is their list:

NBC, CBS, ABC, NYT, Gannett, Rolling Stones.

Many have tried to get the media companies to report fairly but even Billionaire hardball players like Donald Trump are impotent against the media smear machines. Politicians, celebrities and any adults in the public realm have diminished rights when it comes to defending their reputation against lies and attacks from media behemoths. This is a sad state of affairs and what’s lead  to the monumental rise of fake propaganda news.

In steps Nicholas Sandmann who was wrongly accused by many media outlets when the story broke of belligerent  teens harassing a Native American man beating a drum in a rally. There were duel rallies in the area. Since the teen was wearing a MAGA hat the news media or better yet fake news media went into overdrive bashing the kids. When the whole video was viewed any honest person could see the kids did nothing wrong in the whole confrontation. But this blatant truth means nothing to fake news. They hate Trump so lies are okay as long as it hurts their intended target. Nicholas Sandmann is a normal American well behaved teen. With him being a teen or minor the laws give him protections not afforded a public figure. So he could aggressively defend himself with a good legal team. Now truth and justice has a chance to rule and not the mob rule of the left. If this could happen more often we would have a more honest press. But we know they have financial donors and backers that pay them to spread these lies so we will have to see what is coming down the pike in hopes there will be more honesty in reporting. But don’t hold your breathe.

News@11

By Michael Ameer

 

Continue Reading

Politics

Should the media and politicians be held responsible for fraudulent hydroxychloroquine reports?

Published

on

Saying a drug that clearly works, doesn’t work is Trump Derangement Syndrome beyond comprehension.

The Lancet Study on Hydroxychloroquine was fraught with errors and incomplete data. It was thrown together to let the world know that hydroxychloroquine doesn’t work. Well that study was retracted. A Henry Ford Health System study found the drug helped patients with COVID-19. Just as the president was saying. Trump mentioned HCQ and the collective mainstream media went into overdrive to prove him wrong. And once again Trump accused of lie of the century turns out to be right. He was clearly right in the beginning. The media said the drug could cause harm if not used correctly. That could also be said about aspirin or any drug.

Taking this derangement one step further was governors making it hard to get HCQ and banning it in some places from use. Now we know in hindsight the drug works and these politicians and media companies as CNN are libel for deaths of Coronavirus patients that died when a life saving drug was readily available in stockpile. Also the governors sending the elderly with COVID-19 into nursing homes with the most vulnerable also caused many unnecessary  deaths. Weren’t we told we had to save our grandparents? If we loved them don’t visit them to be safe? So why would governors send COVID-19 patients to nursing homes when they (New York) mainly was provided thousands of empty hospital beds on the navy ship and the convention center?

I have been following these people long enough to know these things are not an accident. Germany and Israel sent the United States millions of tablets of HCQ. They were at the ready and cheap. It’s been used for malaria since the 1960’s so the side effects have been tested, it is safe. Boris Johnson, British Prime Minister was saved with HCQ. Thousands around the world have been saved with this drug. So we must ask the question when will the media and politicians be dragged into a court of law for their negligent reckless reporting?

News@11

By Michael Ameer

 

Continue Reading

Trending

    Donate to Populist Wire

    *Note: Every donation is greatly appreciated, regardless of the amount.