- Debris cleanup underway near Fordham Dam
- Some good, some bad in Obama executive order on protecting antibiotics
- Two arrested on cannabis charges after search of detached garage on North Henrietta
- Man guilty of drug charges faces 60 years in prison
- Rockford BBB aware of ‘Microsoft’ phone scam
- Judge: Chad Grimm will remain on Illinois governor ballot
- Forest-preserve sex sting nets 10
- Armed robbery reported at Machesney Park CVS
- Lee Hamilton: President, Congress should work together on military intervention
- Ethnic Parade and Festival Sunday, Sept. 21
Economy hurt by anti-business agenda
President Obama’s anti-business agenda has hurt our economy to such an extent that our tax base has been greatly eroded. It’s hard to get more taxes from someone who’s unemployed or underemployed, especially considering these people require money from our taxes.
Locally, the property taxes have gone down, but the taxes in many instances have increased only to provide needed services from a lower amount.
Our state is considering putting more of their public pension burden on the local governments as if they have more money to do this.
Some say we are likely to become more like Greece or some other European country with mobs rioting in the streets for more money that their government doesn’t have. Has it already happened in our country as evidenced by the ”occupy” movements, or not that far away in Madison, Wisconsin?
Michael A. Smith
From the May 16-22, 2012, issue