Category Archives: Economy

One Gas Price Cut Worth Pursuing

There’s been a lot of (right-minded) talk about why suspending gas taxes is a bad idea - it boils down to not changing cost too much for consumers, providing greater profits to already super profitable gas companies, and threatening federal highway funding. But you still could do something useful with gas pricing - charge […]

Democrat Dianne McGuire Has Raised Over $51,000 In House 96th District Race

[Editor Note: Just experienced the dangers of Google cache. Not sure if my inadvertent “quote from behind the wall” of Rich’s Capitol Fax is kosher or not (I saw the Google cache of the Naperville Dems site, but grabbed the link to the current site where, after publishing this and then checking the […]

NPR - Transportation Availability Translating Into Higher Housing Prices

What Jacky Grimshaw noted locally about Kendall County is a reality in other areas too - the further you are from good mass transit the more costly the commute - which, according to NPR is where in some locales you will find housing discounted and not selling. In Kendall County it seems sales and […]

Was Charlie Gibson Right About $200,000 Being A “Middle-Class” Income?

The short answer is “no” - and Media Matters, Matthew Yglesias and others have properly taken news anchor Charles Gibson to task for suggesting that $200,000 is a “middle-class” income. But even if Gibson is wrong about “two professors” at St. Anselm College making that amount, or was wrong because, as Media Matters points […]

Money Can’t Buy Me Love, But Happiness…?

Pay me more and I’ll let you know.
Money and happiness may not have a super-strong relationship - but it’s enough to be bad news for the Bush economy, where Americans have been earning less over the years. Perhaps depressed wages have contributed to depressing people with an overwhelming majority of Americans believing […]

IL House Misses Opportunity - Votes Down HJRCA 42

Really sad news. I had hoped to blog about this proposal to make Illinois income tax more progressive - and I regret I didn’t do it sooner. People making over $250,000 a year in income can afford a higher tax than those making $25,000 - and it’s no secret that in areas like […]

Naperville Republican Offering Public Vision - Voting Like “Weed Killer”

Republicans have a real problem. The GOP has ruled the United States for the last seven years with President Bush, a Republican majority congress (or a minority practicing unprecedented legislative obstructionism (and here)) and a majority [in the] Supreme Court (not to mention lower courts). But despite Republicans holding the reins of power […]

Stephanie Kifowit Makes Aurora Mayoral Run Official

[OneMan in comments below is right - Henry Treftz, Vice Chair of the Aurora Township GOP was there (although I missed seeing him) - and yes, he is a cool guy.]
Last Friday over 125 people attended Alderman Stephanie Kifowit’s official announcement that she is running for Mayor of Aurora. Under the banner “Leadership that […]

Rep Paul Froehlich On County Secession Bills SB2591 And HB6307

From State Representative Paul Froehlich (all links are mine):
Dear Mr. Byrne:
After reading your March 31st column in the Tribune, I looked up what my colleagues Sen. Murphy and Rep. Bassi introduced to facilitate secession. It’s SB2591 and HB6307. What’s significant here is that these are normal bills rather than proposed constitutional amendments. […]

DuPage Urbanization

Progress Illinois has a great discussion of DuPage urbanization based on this Boston Review article. I have some mixed thoughts about what’s there - but they’re certainly worth reading.