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Archive for the ‘Economy’ Category

By Steve Zalusky | Daily Herald

A panel of Republican and Democratic state legislators came together Wednesday in Barrington to discuss a variety of topics, including the impact of social media and technology on children’s mental health and whether data centers should be under state or local control.

Two Republicans, state Rep. Martin McLaughlin and state Sen. Darby Hills, both of Barrington Hills, and two Democrats, state Reps. Nabeela Syed of Inverness and Anna Moeller of Elgin, fielded questions during the Barrington Area Chamber of Commerce legislative breakfast, held at the Barrington Park District headquarters.

Barrington Area Unit District 220 Superintendent Craig Winkelman, one of the moderators, asked what role the state should play in helping school districts support children’s mental health.

He cited figures provided by Lurie Children’s Hospital that 49% of Illinois youth are experiencing worsening mental health.

Syed, who represents the 51st District, said the state has taken action by passing a law mandating mental health screenings in schools, with parents able to opt out.

McLaughlin, who represents the 52nd District, echoed Syed on the impact of technology but focused less on what the state can do and more on channeling children into activities that encourage social interaction and team building.

“You cannot spell team with ‘I,’ but you can certainly spell ‘iPhone,’ with an ‘I,’” he said.

Panelists also weighed in on data centers.

McLaughlin criticized the governor and the Democratic majority for passing hundreds of millions of dollars in incentives to attract data centers. He said he supports local communities retaining zoning and planning controls.

Although he agreed data centers are needed, he said, “That doesn’t mean that we should stick data centers in Algonquin next to residents in Barrington Hills, which I oppose. That doesn’t mean we should put data centers across the street from South Barrington residential units, which I oppose.”

Read the full article here.

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Juliana Stratton (left)

By Mark Glennon | Wirepoints

The balance in the United States Senate after November’s elections is likely to be razor thin, making each Senator’s competence critical in what is among the most dangerous periods America has faced, both internationally and nationally.

Juliana Stratton wants a promotion to the Senate from lieutenant governor — a mostly ceremonial post in Illinois. She’s asking for that promotion from behind a curtain, denying voters any opportunity to see whether she has even a meager understanding of the issues she will face.

Multiple debates and forums would be the best means to learn about Stratton — as well as about Don Tracy, her Republican opponent, whose Senate credentials are also little known to Illinois voters. Tracy accepted offers to no fewer than seven such events from CBS2 Chicago, FOX 32 Chicago, the League of Women Voters of Peoria, the Illinois Farm Bureau, the Illinois Manufacturers’ Association, the Technology and Manufacturing Association and the Illinois Municipal League.

Stratton, however, refused all but one , and it will be very late, set for October 20. Early voting starts September 24 in Illinois, nearly a month before that. And with Chicago’s PBS affiliate, WTTW, being the moderator, we should expect no tough questions for Stratton.

How about a long interview by a fair reporter versed on national issues?

Forget it. You will find none. For that matter, you won’t find one on any matter for the entire duration of her political career in Illinois. When asked for an interview in July by one source that can be reasonably expected to ask hard questions, The Center Square, Stratton declined. Tracy, in contrast, has given multiple interviews to sources both left- and right-leaning.

In fairness, Stratton did participate in multiple debates and forums when running in the Democratic primary. However, that was against fellow progressive Democrats who largely agreed with her and she was never challenged on the major issues that divide the country and would be important to undecided and swing voters.

What do we know about Stratton, aside from her record of complete allegiance to Gov. JB Pritzker on Illinois issues?

On her web pages and elsewhere you can find the standard list of the far left’s policy positions. They include abolishing ICE, which she says is unfixable; a national $25 per hour minimum wage, even in rural areas; Medicare for all, with no cost analysis provided; and ending the 51-year old Senate filibuster rule.

Her top priority, however, is fighting back against President Trump, she has emphasized. We might therefore expect some substance in her views about Trump, right?

Her most notable words about Trump were in an ad that did get her national and international attention, but it was ridiculed for its vacuous crudeness, even by left-leaning sources like Britain’s The Guardian. It was a 30-second ad in her primary race with a string of “F— Trump.”

Article continues here.

Mark Glennon is founder of Wirepoints.

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Chicago Mayor Brandon Johnson is seeking a second term, officially joining the growing field of candidates in the 2027 Chicago mayoral election.

By Dylan Sharkey | Illinois Policy Institute

Chicago Mayor Brandon Johnson announced Sunday that he is running for a second term, joining a host of other candidates competing to win the office in 2027.

The mayor posted a video on social media ending with “four more years.”

“I’m here because I’m the only candidate who’s fighting for working families. If you’re ready for a safer and more affordable Chicago, then now is our time!” Johnson posted on X.

He now joins a crowded field of candidates for mayor:

A University of Chicago poll released in July found Johnson’s approval rating at 23%, while just 13.6% of Chicagoans said they wanted him to seek another term.

Report continues here.

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Celebrity chef Fabio Viviani will open BOCADO in Barrington this fall. | Courtesy BOCADO

By Rick West | Daily Herald

Celebrity chef and suburban resident Fabio Viviani is bringing two new restaurants to downtown Barrington.

The first, BOCADO Tapas, will open this fall upstairs at 133 Park Ave. in the village’s downtown.

The eatery will focus on “shareable plates, bold yet approachable flavors and a thoughtfully crafted beverage program, all within a warm, energetic atmosphere designed for everything from weeknight dinners to cocktails and late-night gatherings,” according to a news release.

After BOCADO, Viviani plans to open Retoro downstairs in the same building in early 2027.

Read the full report here.

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Illinois is in the bottom five states for private-sector job growth under Gov. J.B. Pritzker. Since he took office, job growth in the private sector in the state is up less than 0.1%.

By Adam Gorcyca | Illinois Policy Institute

Under Gov. J.B. Pritzker, private-sector job growth in Illinois has remained virtually flat while the nation has seen growth.

Illinois’ private-sector job growth is in the bottom five states. Such jobs grew by less than 0.1% from 2018 to 2025 in Illinois, compared with a national rate of over 6%.

In the three years after the pandemic, the number of businesses leaving Illinois tripled, including  Caterpillar and Citadel moving their headquarters out of the state.

Some will absolve Pritzker of responsibility on this metric and point toward the overarching trend of lagging Midwestern job growth. That ignores the fact that the number of private-sector jobs in the rest of the Midwest grew 2.7 times faster than in Illinois.

Read more here.

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Daily Herald Letter to the Editor

Illinois is home to more than 1.2 million small businesses. Small businesses create jobs, serve their communities, and drive economic growth across the state. To keep that momentum going, Illinois must foster a business and legal climate where a small business can continue to succeed.

Lawsuit abuse has become a major driver of the rising cost of doing business in Illinois. As owner of my new business, American General Storage and part of my family’s 60-year-old manufacturing company, Stanley Machining & Tool, I’ve seen firsthand the many obstacles that can jeopardize a company’s growth. Success becomes harder to sustain as lawmakers continue to add new costs and legal risks onto small business owners.

Last year, Gov. Pritzker signed Senate Bill 328 into law, which now opens Illinois courts to hear cases with out-of-state plaintiffs and defendants. From policies like this one that expose Illinois businesses to more lawsuits, to higher taxes and rising costs, small-business owners are being asked to absorb one added expense after another. Even worse, recent worker’s compensation legislation  threatens to add yet another layer of litigation risk for employers. For small businesses, these costs add up very quickly.

Illinois lawmakers should give small businesses a fair chance to invest, grow, and support their communities. That starts with addressing lawsuit abuse, which is rising costs and making it harder to do business in Illinois.

Karen Trzaska, Barrington

Source

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The Daily | The New York Times

This summer, the Democratic Socialists of America have mounted their biggest and most successful attempt yet to redefine the Democratic Party. They have defeated its candidates in primary after primary from coast to coast.

As its electoral success grows, the organization is confronting big, unresolved questions about what it stands for and what level of compromise is required to become a lasting political force.

Charles Homans, who talked to more than 30 D.S.A. candidates, organizers, members and volunteers across the countries, discusses the rise and limitations of the D.S.A.

Guest: Charles Homans writes about national politics for The New York Times and The Times Magazine.

The link to the podcast can be found here.

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Illinois’ population has shrunk under Gov. J.B. Pritzker’s leadership and is predicted to fall further.

By Adam Gorcyca | Illinois Policy Institute

While population growth is a basic measure of effective governance, tens of thousands of people have left Illinois under Gov. J.B. Pritzker.

The state’s outmigration challenge is expected to worsen, with Illinois projected to lose 600,000 residents by 2033, driven by a drop of 450,000 in Illinois’ prime-working-age population.

And from 2020 to 2025, Illinois’ population of residents under 20 fell by 6.8%, more than three times faster than the national average of 2%, according to the U.S. Census Bureau.

Net loss of 168,000

Since 2018, the state has lost a net of more than 168,000 residents, or over 1% of its population. Illinois ranks 48th in population growth rate among the 50 states.

The rest of the Midwest grew by 2.1% during the same time period.

Of the nearly 83,000 residents who left in 2024, almost all of them went to states with lower taxes. Florida alone claimed a net of over 11,000 Illinois residents that year, while a net of nearly 37,000 left for Illinois’ neighbor states.

Pritzker’s second term has seen a slight uptick in population, largely because of international migration. Without that boost, Illinois’ total would have declined in 2025.

Report continues here.

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The Village Board of Trustees will be conducting their regular monthly meeting this evening beginning at 6:30 PM.

The only item of significance on their agenda appears to be recognition of William Walsh for 33 years of service. A copy of their agenda, including info on listening to the meeting, can be viewed and downloaded here.

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By Jim Talamonti | The Center Square

According to a new report on financial red flags, Illinois has a higher debt ratio than any other state and Chicago is the most financially tenuous place in America.

Reason Foundation used audited financial reports from state governments and the nation’s 100 largest cities, counties and school districts to evaluate them in eight measures of financial health.

Reason Foundation Research Director Geoff Lawrence said Illinois is way upside down, with a debt ratio of 276%.

“It has way more debt than assets, $80 billion in total assets versus $220 billion in debt, so if you were to try to liquidate all of the state’s assets to pay off all its debts, it would be impossible,” Lawrence told The Center Square.

The report also flagged Illinois for liabilities per capita and unrestricted net position.

Lawrence said Chicago residents are facing heavy city and county debt on top of federal and state debt.

“In addition to what you owe to the federal government in terms of outstanding debt per citizen, you owe substantial amounts as well to every level of local government,” Lawrence said, adding that the city continues to dig the hole.

“They outspent revenues by about $580 million in the last year for which we have data,” Lawrence said.

Read on here.

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