The state of Illinois recently lost three Fortune 500 companies, and its population has declined by more than 100,000 residents in the past two years. Meanwhile, its largest city is a poster child for rampant crime and a failing public education system.
How fitting — and deliciously ironic — that Chicago was selected this week to host the 2024 Democratic national convention.
The symbolism is rich. Illinois is a one-party state dominated by public-employee unions. Property taxes are among the highest in the nation. The state’s government pension system is a monument to red ink, running almost $140 billion in the hole. According to the Tax Foundation, Illinois ranks 36th in the country for its business tax climate, worst in the region.
