How Well Is Illinois Prepared For The Next Recession?
The economy may be booming now, but sooner or later tougher times always show up. Is Illinois doing the right things to prepare? You probably know the answer.
Adam Schuster, Illinois Policy's Director of Budget and Tax Research, joins the WROK Morning Show monthly to discuss our state's financial matters. This morning, the topic was our state's preparedness level for the next inevitable recession.
Not surprisingly, companies like Standard & Poors and Moody's feel as though Illinois is well behind other states in making sure mechanisms have been implemented to bring the state through the next downturn: