Quote:
Originally Posted by ColdAilment
The fall of Chicago? Yes, Detroit has fallen and is a tragedy. But Chicago has not fallen, it IS a world class city that is 4 times the size of Indianapolis in every way. Indy has a long ways to go before catching up to Chicago. I hope it does, but it's a long ways off!
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Chicago has stagnated.
Notice how their unemployment rate is above 8% and has been for the 5 years. Plus the Pension mess me and you all know about. Someone has to pay for it. With a Republican House of Reps *Thank GOD* Illinois will NOT get a bailout from Washington so the citizens that are left in the state and havent relocated to Indiana and elsewhere will be paying the pension debt off.
Also Illinois business climate is trash and stuff like this makes it worse.
Illinois Senate passes bill to make businesses disclose taxes - chicagotribune.com
over the past year and a half over 3000 jobs have relocated from Illinois to Indiana.
25 major companies and thousands of jobs in under 2 years.
Not to mention Small Businesses that flee Illinois for Indiana to remain competitative. Also the average middle class citizen that relocates to NWI or Indianapolis to reduce their property and income taxes. Heck moving to Indiana could save you THOUSANDs of dollars a year in property taxes alone. Crook County just keeps shooting itself in the foot.
People are tired of the Corruption/Crime and High taxes that is Chicago.
Small Businesses though arent documented so heaven knows how many have moved.