Say “skills gap” to any manufacturer, and invariably they'll respond with the number 600,000. That's the gaping hole of unfilled jobs at U.S. manufacturers — for Illinois, estimates point to 30,000 unfilled jobs. The talent shortfall carries serious consequences. In a...
Finance
IL Finances Heading to Social Unrest
"I think it's going to reach a point where there's either social disorder or bankruptcy before people will act," he said. via Crain's Chicago Business. Ya, that sounds about right. But let's back-up a little. This is a quote from a story about how back the finances...
Airlines Fees vs. Fares: Impacting Taxes
The liberal Washington Post complains: There’s a 7.5 percent federal tax on every airline ticket. The money goes into a fund that pays for the air transportation system: airports, capital improvements and the operation of the Federal Aviation Administration. ... When...
The Fed & Debt Cancelation
I met a European trader in a bar this week, who brought up the possibility that at some point, the Bank of England might just rip up the UK government debt it has acquired through quantitative easing -- just straight up throw it on the fire, and tell the government it...