The Fruits of Liberal Policy–

(Illinois Policy Institute)

A stunning new report by the Illinois Policy Institute revealed how Illinois lost one resident every 10 minutes during the past fifteen years. As Illinois lost residents to migration the state also lost out on a net of $26 billion in taxable income to out-migration from 1995 to 2010.

Now this…
Caterpillar Inc. announced that it would not be building its new North American plant in Illinois.
Finance reported:

Caterpillar Inc. will not be building its new North American plant anywhere in the state of Illinois, officials with the company told local leaders Tuesday, with part of the reason being continued concerns about the business climate in the state.

The company will instead focus on a location closer to its division headquarters in Cary, N.C., Peoria County officials were told in an email sent to them shortly after the close of business and later obtained by the Journal Star. The plant stood to bring with it from Japan roughly 1,000 jobs manufacturing track-type tractors and mini hydraulic excavators.

Peoria County had submitted a regional proposal for the facility at the end of last year, and the Galesburg area also had a proposal on the table for the manufacturer. Peoria’s proposal reportedly included economic incentives as well as a promise of a legislative effort to establish a tax increment financing district to benefit the company.

At its core, Caterpillar’s decision reflects some concerns its officials had previously expressed about the economic condition of the Land of Lincoln.

“Please understand that even if your community had the right logistics for this project, Caterpillar’s previously documented concerns about the business climate and overall fiscal health of the state of Illinois still would have made it unpractical for us to select your community for this project,” the letter reads in part. “Caterpillar intends to continue calling for long-term changes in Illinois and to offer help to the state as it works toward real and fundamental reforms that will position communities like yours to compete for future projects.”

Peoria County Administrator Lori Curtis Luther, County Board Chairman Tom O’Neill and Galesburg Mayor Sal Garza could not be reached for comment Tuesday evening.

 

 

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  1. Another eveeeel corporation refusing to pay its fair share (of Illinois graft, corruption and fiscally insane left-wing government).

    Illinois’ chickens are coming home to roost.

  2. way to go liberal POS illinois politicians…you reap nothing from a company who has been a main stay in your state… HA HA HA

  3. ++

    OT..

    Thomas Sowell – February 9, 2012

    The Anti-Romney Vote

    ==

  4. ++

    Rahm a lam, Rahm a lam a ding dong..

    ==

  5. Isn’t it odd that all the jobs end up going to from Blue States to Red States. I’m sure it’s just a coincidence so keep voting that straight Donkey ticket.

  6. Barry’s National “Union” Labor Relations Board will be filing a lawsuit any day now.

  7. Truth of the matter is: These big companies will get their sweetheart deals, exemptions and waivers..while the rest of the business community (small business) will still get screwed.

    Nothing really changes.

  8. Could ILL look like that satilite shot of North Korea at nite. Is is possible
    Any state that looses that much taxable income would be in a tough economic meltdown.

  9. Given the economic calamity that Illinois politicians have created, it’s not hard to understand why they want their citizens unarmed.

  10. Most of us downstaters are sane (with the exception of St. Clair and Madison counties). It’s the Chicago leftest who are the problem.

    Pat Quinn, our goofy governor, lost all counties but three….and still won. Yes, out of 102 counties, he LOST 99, and won the election by 32,000 votes.

    Chicago controls all state-wide and national elections. My downstate vote means nothing, except for local dog catcher. Something is wrong with this picture.

  11. Couldn’t happen to a more corrupt state. They will reap what they sow. Down the tube IL goes.

  12. Gov Quinn only won four counties in the whole state. Cook county was one of them and there was voter fraud but what are you going to do? Watch for this fraud machine to kick in big for Obama.

    There is also a bill trying to ban guns and hunting here in Illinois. 49 states have concealed carry but not the People’s Republic of Illinois. God help us

  13. Sorry, I feel your pain. And it’s good to remember the fact that downstaters are held prisoner by the Chicagoland mob… er, Chicagoland politicians.

    I was raised in Park Ridge, which decades ago was a fairly conservative Chicago suburb. Now, the place is represented in Congress by the despicable radical socialist Jan Schakowski. I find it difficult to go back to visit, given that filthy cloud over the area.

  14. Gee, thanks to those who think we deserve this. Like #10 said, we have been hijacked by the crooked Dems AND Republicans. In fact, they call the crooks the Illinois Combine because its a combination of both parties. Don’t tell me to move. I live on a beautiful piece of property my dad worked his ass off to buy and its staying in the family even after I’m done enjoying it. We have roots here, we can’t just move.

    But don’t tell me I deserve it.

  15. Caterpillar and other long-time employers moving factories and jobs from Illinois to southern red states?? Hmmmmmm . . . . . now THAT’s a problem. And what’s the solution?

    The solution is simple for those elite, super-smart Illinois legislators and governors – just raise taxes even more!!! Just make sure those eeeeevil corporations and job-creators pay their “fair share” – Now, that’ll work!

  16. Except for Johnny Walker, Caterpillar is Peoria Illinois

  17. Neo, about the same with Decatur. We only have CAT, ADM and Tate & Lyle left in a town that used to be jammed with industry.

  18. Come to victoia Texas. Barge canal for ocean access and good work force!!! We are open for business

  19. Let’s see, we have Rahm, Quinn and Durbin, our own axis of evil.

  20. Page 4:

    “In 2009, households from Illinois fled in largest droves to Texas. Netting 3,539 households, Texas was the largest recipient state of Illinois out-migrants: Illlinois lost a net of 7,616 people and more than $188 million in income to the Lone State State.”

    Now, why would Illinois residents want to move to a state with job opportunity (55,000 new jobs in Dec., 2011), no state income taxes, right-to-work state, low housing costs (not driven by false markets), no taxes on food or medicines, and lower over-all cost of living not to mention not having to bear the burder of rapidly ever-increasing heating costs?

    And wouldn’t it have been great if we could have had a candidate, that for a decade understood that working with the state legislature to bring those things to the table, or maintain them, running in the GOP primaries?

    Nah, much better that we have an irratic, unpredictable valedictorian of the Dale Carnegie School of Public Speaking.



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