A new study ranked Illinois 45th in the nation for entrepreneurship and economic growth, underscoring what Senate Republicans have warned for years that the state’s high taxes, burdensome regulations, and crushing policies are making it harder for families and job creators to succeed.
The ranking comes from a broader study on social mobility, which measures a person’s ability to improve their quality of life and economic well-being. While Illinois ranked 38th overall in social mobility, the state’s poor showing on entrepreneurship and growth is especially troubling. Every state bordering Illinois ranked higher in that category, highlighting just how far Illinois has fallen behind its neighbors.
For too long, Governor Pritzker and his allies have embraced policies that make Illinois less affordable and less competitive. Until Illinois changes course and supports policies that encourage growth, affordability, and opportunity, businesses will continue to struggle, and Illinois will continue to see a mass exodus of jobs and residents to other states.
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