Illinois Policy offers this interesting look at some of the challenges facing Decatur, Il, including a steady decline in residents. The city’s various taxes do not appear to be helping the situation, according to the article. The piece reminded me of a point an old economics professor stressed in a class I took a long time ago: governments can’t tax their way out of weak economic conditions.
I know the challenges facing local governments are complex, but sometimes old truths succinctly capture reality and aptly apply. Sadly, such lessons are lost to many officials today.
Job polarization and prime-age men
About 1.9 million prime-age men are unemployed and might be out of the workforce for good due to job polarization, according to a recent report from the Federal Reserve Bank of Kansas City. Industry Week recently shared details from the report and they’re worth considering.
Icons in Illinois Agriculture
The latest edition of Illinois Farm Bureau’s Partners magazine offers a fine report about John Deere and Cyrus McCormick and the significant contributions they made to agriculture, not only in Illinois but throughout the world. The edition includes other items, including Joanie Stiers’ touching column remembering her family’s dog. Spend some time with the edition. I think you'll enjoy it.
And finally
March 2, 1985: Madonna releases the single “Crazy For You”. The song reached No. 1 on the Billboard Hot 100 chart.
– Thank you for reading. Comments and feedback are always welcome. Email me at kbottswrites@gmail.com. Savor the coffee and make the most of your day.
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