Crain's asks, Who wants to move to Chicago?
A major Chicago company, we hear, is having a harder time persuading recruits to move here. Full employment, especially among the well-compensated professionals it's hiring, might seem to blame. But the company isn't struggling to attract talent in markets where jobless rates are even lower than metro Chicago's most recent rate of 4.3 percent. What's the problem then? It's the candidates' fear that Chicago and Illinois generally have become risky places in which to buy a home and raise a family.
When the General Assembly reconvenes June 21, it could put some of those worries to rest and pass an actual state budget for the first time in two years. That would require compromise from Gov. Bruce Rauner as well as his Democratic adversaries, House Speaker Michael Madigan and Senate President John Cullerton. For far too long, they've put their own re-elections ahead of the commonweal. Meanwhile, the state stumbles along, spending far more than it's taking in. Meanwhile, too, the unthinkable becomes less improbable: Without state support, junk-rated governments in Illinois, including the city of Chicago, Chicago Public Schools and a half-dozen state universities, could essentially go under.
Unfortunately, the Crain's editorial board offers no solutions. Nor can they. Because they're in the same uncomfortable position Kansas Republicans are in: their guy is the one holding the state hostage.
Yes, the legislature and the governor need to compromise. But only one of them is an ideological dead-ender.