Illinois Under Pritzker


Letโ€™s discuss good ole J.B. Pritzker. He likes to see himself in the spotlight, so letโ€™s up the wattage on that and take a look at whatโ€™s there.

Pritzker is a $๐Ÿ‘.๐Ÿ— ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง Hyatt hotel heir who wants you to believe he turned Illinois around. Before he launches his next political vanity project, every American deserves to see what he actually did to the fifth-largest state in the union.

๐“๐ก๐ž ๐“๐จ๐ข๐ฅ๐ž๐ญ ๐“๐š๐ฑ ๐’๐œ๐ก๐ž๐ฆ๐ž

Before he was governor, Pritzker bought a $๐Ÿ‘.๐Ÿ• ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ฆ๐š๐ง๐ฌ๐ข๐จ๐ง next door to his Gold Coast home in Chicago. In 2015, he had ๐Ÿ๐ข๐ฏ๐ž ๐ญ๐จ๐ข๐ฅ๐ž๐ญ๐ฌ ๐ซ๐ข๐ฉ๐ฉ๐ž๐ ๐จ๐ฎ๐ญ so the Cook County assessor would classify it as โ€œuninhabitableโ€ โ€” dropping the assessed value from $๐Ÿ”.๐Ÿ‘ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ญ๐จ $๐Ÿ.๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง (Cook County Inspector General). The inspector general called it a โ€œ๐˜ด๐˜ค๐˜ฉ๐˜ฆ๐˜ฎ๐˜ฆ ๐˜ต๐˜ฐ ๐˜ฅ๐˜ฆ๐˜ง๐˜ณ๐˜ข๐˜ถ๐˜ฅโ€ taxpayers. Total savings from the scheme: $๐Ÿ‘๐Ÿ‘๐Ÿ,๐ŸŽ๐ŸŽ๐ŸŽ in property tax refunds and reductions (Fox 32 Chicago). He repaid it. Federal investigators later opened a criminal probe into the tax appeals (Illinois Policy Institute). No charges were filed โ€” but the man who would go on to lecture Illinoisans about paying their โ€œfair shareโ€ literally removed toilets from a mansion to dodge his own property taxes.

๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง ๐„๐ฑ๐จ๐๐ฎ๐ฌ

Since 2000, Illinois has lost a net ๐Ÿ.๐Ÿ” ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ซ๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ฌ to domestic outmigration (IRS). Under Pritzker alone, the bleeding accelerated. IRS data for 2022 shows ๐Ÿ–๐Ÿ•,๐Ÿ‘๐Ÿ๐Ÿ ๐ซ๐ž๐ฌ๐ข๐๐ž๐ง๐ญ๐ฌ ๐ฅ๐ž๐Ÿ๐ญ in a single year, taking $๐Ÿ—.๐Ÿ— ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐š๐๐ฃ๐ฎ๐ฌ๐ญ๐ž๐ ๐ ๐ซ๐จ๐ฌ๐ฌ ๐ข๐ง๐œ๐จ๐ฆ๐ž with them (IRS Migration Data). The income gap between those leaving and those arriving grew from $5,519 per person in 2010 to $๐Ÿ‘๐Ÿ•,๐Ÿ—๐Ÿ๐Ÿ ๐ฉ๐ž๐ซ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง in 2022 โ€” meaning Illinois is hemorrhaging its highest earners. In 2024, ๐Ÿ—๐Ÿ“% ๐จ๐Ÿ ๐ญ๐ก๐จ๐ฌ๐ž ๐ฅ๐ž๐š๐ฏ๐ข๐ง๐  fled to states with lower tax burdens (Wirepoints). Illinois already lost one congressional seat after the 2020 Census โ€” it is on track to lose another in 2030 (Illinois Policy Institute).

๐“๐ก๐ž $๐Ÿ๐Ÿ’๐Ÿ“ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ž๐ง๐ฌ๐ข๐จ๐ง ๐‚๐ซ๐š๐ญ๐ž๐ซ

Illinois has $๐Ÿ๐Ÿ’๐Ÿ“.๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง in unfunded pension liabilities โ€” ๐Ÿ”๐Ÿ% ๐ฆ๐จ๐ซ๐ž than California, the second-worst state (Equable Institute). Its pension systems are funded at just ๐Ÿ“๐ŸŽ.๐Ÿ–% โ€” the lowest funding ratio in America. Unfunded liabilities as a share of GDP stand at ๐Ÿ๐Ÿ% โ€” by far the worst figure in the nation (Americans for Prosperity). The median Illinois household already pays $๐Ÿ๐Ÿ‘,๐ŸŽ๐Ÿ—๐Ÿ— in state and local taxes per year โ€” $๐Ÿ’,๐Ÿ’๐Ÿ•๐Ÿ ๐ฆ๐จ๐ซ๐ž than the national average (Tax Foundation). And Pritzkerโ€™s pension โ€œreformโ€? Heโ€™s sticking to a plan that wonโ€™t fully fund the systems until ๐Ÿ๐ŸŽ๐Ÿ’๐Ÿ“ (Capitol News Illinois). Thatโ€™s not a fix. Thatโ€™s a 20-year prayer.

$๐Ÿ.๐Ÿ“ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐จ๐ง ๐Œ๐ข๐ ๐ซ๐š๐ง๐ญ๐ฌ โ€” ๐Ÿ‘๐ฑ ๐–๐ก๐š๐ญ ๐“๐ก๐ž๐ฒ ๐’๐ฉ๐ž๐ง๐ ๐จ๐ง ๐•๐ž๐ญ๐ž๐ซ๐š๐ง๐ฌ

An estimated ๐Ÿ“๐Ÿ,๐ŸŽ๐ŸŽ๐ŸŽ ๐ฆ๐ข๐ ๐ซ๐š๐ง๐ญ๐ฌ arrived in Chicago from the southern border. By the end of 2025, Illinois will have spent over $๐Ÿ.๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง on their care โ€” roughly $๐Ÿ’๐Ÿ—,๐ŸŽ๐ŸŽ๐ŸŽ ๐ฉ๐ž๐ซ ๐ฆ๐ข๐ ๐ซ๐š๐ง๐ญ (Illinois Policy Institute, Fox 32 Chicago). Over $1.6 billion went to migrant healthcare alone through July 2024 โ€” โ€œ๐˜ง๐˜ข๐˜ณ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ฏ ๐˜ฐ๐˜ณ๐˜ช๐˜จ๐˜ช๐˜ฏ๐˜ข๐˜ญ๐˜ญ๐˜บ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ฅ๐˜ช๐˜ค๐˜ต๐˜ฆ๐˜ฅโ€ (Illinois Comptroller). For context, that $2.5 billion is roughly ๐ญ๐ก๐ซ๐ž๐ž ๐ญ๐ข๐ฆ๐ž๐ฌ what Illinois spends on veteransโ€™ services (IL House Republicans). The state is spending three dollars on someone who crossed the border illegally for every one dollar it spends on someone who served the country.

๐“๐ก๐ž ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐†๐ซ๐š๐ฏ๐ž๐ฒ๐š๐ซ๐

Boeing. Caterpillar. Citadel. Tyson. Guggenheim Partners. TTX. All gone. Boeing moved to Virginia. Caterpillar โ€” headquartered in Illinois for nearly ๐Ÿ๐ŸŽ๐ŸŽ ๐ฒ๐ž๐š๐ซ๐ฌ โ€” moved 230 jobs to Texas. Citadel CEO Ken Griffin took his $36 billion hedge fund to Miami, citing crime and a hostile business environment. Since 1994, Illinois has lost ๐Ÿ,๐Ÿ”๐Ÿ๐Ÿ” ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ to other states, with the rate ๐ญ๐ซ๐ข๐ฉ๐ฅ๐ข๐ง๐  ๐ฌ๐ข๐ง๐œ๐ž ๐ญ๐ก๐ž ๐ฉ๐š๐ง๐๐ž๐ฆ๐ข๐œ (Illinois Policy Institute). The Tax Foundation found Illinoisโ€™ business climate dropped ๐Ÿ๐ŸŽ ๐ฌ๐ฉ๐จ๐ญ๐ฌ in five years โ€” the only Midwestern state to decline โ€” after Pritzker imposed $๐Ÿ”๐Ÿ“๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐ง๐ž๐ฐ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ญ๐š๐ฑ๐ž๐ฌ during a pandemic recovery. When asked about Ken Griffin leaving, Pritzkerโ€™s response was essentially โ€œ๐˜ฉ๐˜ฆโ€™๐˜ด ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ฑ๐˜ณ๐˜ฐ๐˜ฃ๐˜ญ๐˜ฆ๐˜ฎ ๐˜ฏ๐˜ฐ๐˜ธโ€ to Florida (Free Beacon). Thatโ€™s the governor of the fifth-largest state celebrating the departure of his wealthiest taxpayer.

๐„๐๐ฎ๐œ๐š๐ญ๐ข๐จ๐ง: ๐’๐ฉ๐ž๐ง๐๐ข๐ง๐  ๐ƒ๐จ๐ฎ๐›๐ฅ๐ž๐, ๐’๐œ๐จ๐ซ๐ž๐ฌ ๐ƒ๐ซ๐จ๐ฉ๐ฉ๐ž๐

From 2013 to 2024, Illinois increased K-12 education spending by $๐Ÿ๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง โ€” ๐š ๐Ÿ’๐Ÿ’% ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž โ€” while enrollment ๐๐ž๐œ๐ฅ๐ข๐ง๐ž๐ ๐Ÿ๐ŸŽ% (Illinois Policy Institute). Chicago Public Schools saw instructional spending per student jump ๐Ÿ’๐Ÿ–% in four years โ€” from $10,314 to $15,274 (CPS Data). The result? Roughly ๐จ๐ง๐ž-๐ญ๐ก๐ข๐ซ๐ of Illinois fourth and eighth graders score at or above proficiency in reading and math on the NAEP โ€” a rate that โ€œ๐˜ฉ๐˜ข๐˜ด ๐˜ค๐˜ฉ๐˜ข๐˜ฏ๐˜จ๐˜ฆ๐˜ฅ ๐˜ญ๐˜ช๐˜ต๐˜ต๐˜ญ๐˜ฆ ๐˜ฐ๐˜ท๐˜ฆ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ฆ๐˜ท๐˜ช๐˜ฐ๐˜ถ๐˜ด 20 ๐˜บ๐˜ฆ๐˜ข๐˜ณ๐˜ดโ€ (NPR Illinois). Both reading and math scores were ๐๐ซ๐จ๐ฉ๐ฉ๐ข๐ง๐  ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐‚๐Ž๐•๐ˆ๐ƒ. They spent billions more. They got the same results. In some cases, worse.

๐“๐ก๐ž $๐Ÿ“๐Ÿ– ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐•๐š๐ง๐ข๐ญ๐ฒ ๐“๐š๐ฑ

In 2020, Pritzker spent $๐Ÿ“๐Ÿ– ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐จ๐Ÿ ๐ก๐ข๐ฌ ๐จ๐ฐ๐ง ๐ฆ๐จ๐ง๐ž๐ฒ pushing a graduated income tax amendment he called the โ€œFair Taxโ€ (NPR Illinois). Illinois voters rejected it โ€” it got just ๐Ÿ’๐Ÿ“% of the vote, far short of the 60% supermajority needed to amend the constitution (WTTW). A $3.9 billion man spent $58 million trying to raise taxes on everyone else. The voters said no. His response? He warned of โ€œ๐˜ฑ๐˜ข๐˜ช๐˜ฏ๐˜ง๐˜ถ๐˜ญ ๐˜ค๐˜ถ๐˜ต๐˜ดโ€ โ€” as if the stateโ€™s fiscal ruin was the votersโ€™ fault for rejecting his plan.

๐‚๐Ž๐•๐ˆ๐ƒ ๐‹๐จ๐œ๐ค๐๐จ๐ฐ๐ง ๐‡๐ฒ๐ฉ๐จ๐œ๐ซ๐ข๐ฌ๐ฒ

While Pritzker imposed a statewide stay-at-home order on 12.7 million Illinoisans, his wife and daughter were in ๐…๐ฅ๐จ๐ซ๐ข๐๐š. When they returned, they went to the familyโ€™s ๐ก๐จ๐ซ๐ฌ๐ž ๐Ÿ๐š๐ซ๐ฆ ๐ข๐ง ๐–๐ข๐ฌ๐œ๐จ๐ง๐ฌ๐ข๐ง (Pantagraph, NBC Chicago). His defense? Taking care of horses is โ€œ๐˜ข๐˜ฏ ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ข๐˜ญ ๐˜ง๐˜ถ๐˜ฏ๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏโ€ (CBS Chicago). Meanwhile, small business owners were being fined for opening their doors. Restaurants were shuttered. Churches were locked. But the billionaire governorโ€™s family was in Florida, then tending to their horses across state lines. Rules for thee.

๐“๐ก๐ž ๐’๐€๐…๐„-๐“ ๐€๐œ๐ญ: ๐‚๐š๐ฌ๐ก๐ฅ๐ž๐ฌ๐ฌ ๐๐š๐ข๐ฅ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐ฎ๐ซ๐๐ž๐ซ ๐‚๐š๐ฉ๐ข๐ญ๐š๐ฅ

Pritzker signed the SAFE-T Act, making Illinois the ๐Ÿ๐ข๐ซ๐ฌ๐ญ ๐ฌ๐ญ๐š๐ญ๐ž ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š to abolish cash bail entirely (ABC7 Chicago). In November 2023, a suspect with ๐Ÿ•๐Ÿ ๐ฉ๐ซ๐ข๐จ๐ซ ๐š๐ซ๐ซ๐ž๐ฌ๐ญ๐ฌ who was out on electronic monitoring was caught on video ๐ฌ๐ž๐ญ๐ญ๐ข๐ง๐  ๐š ๐ฐ๐จ๐ฆ๐š๐ง ๐จ๐ง ๐Ÿ๐ข๐ซ๐ž on a CTA train (ABC7 Chicago). Law enforcement across the state warned the law would put dangerous criminals back on the street. Pritzker dismissed the criticism.

๐’๐ญ๐ข๐ฅ๐ฅ ๐ญ๐ก๐ž ๐–๐จ๐ซ๐ฌ๐ญ ๐‚๐ซ๐ž๐๐ข๐ญ ๐‘๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š

Despite 10 credit upgrades under Pritzker, Illinois ๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐ก๐š๐ฌ ๐ญ๐ก๐ž ๐ฅ๐จ๐ฐ๐ž๐ฌ๐ญ ๐œ๐ซ๐ž๐๐ข๐ญ ๐ซ๐š๐ญ๐ข๐ง๐  of any state in the nation (Yahoo Finance). Its Moodyโ€™s rating of A2 sits ๐Ÿ๐ข๐ฏ๐ž ๐ง๐จ๐ญ๐œ๐ก๐ž๐ฌ ๐š๐›๐จ๐ฏ๐ž ๐ฃ๐ฎ๐ง๐ค ๐ฌ๐ญ๐š๐ญ๐ฎ๐ฌ. Over the prior 15 years, the state received ๐Ÿ๐Ÿ’ ๐๐จ๐ฐ๐ง๐ ๐ซ๐š๐๐ž๐ฌ (Illinois Policy Institute). During the Rauner-era budget impasse, both Moodyโ€™s and S&P dropped Illinois to one notch above junk โ€” the ๐ฅ๐จ๐ฐ๐ž๐ฌ๐ญ ๐ซ๐š๐ญ๐ข๐ง๐  ๐จ๐ง ๐ซ๐ž๐œ๐จ๐ซ๐ ๐Ÿ๐จ๐ซ ๐š๐ง๐ฒ ๐”.๐’. ๐ฌ๐ญ๐š๐ญ๐ž. Pritzker inherited a dumpster fire and brought it up to a controlled burn. Itโ€™s still on fire.

This is J.B. Pritzkerโ€™s Illinois. The toilets were removed. The businesses left. The taxpayers fled and took $9.9 billion in one year. The pension debt is $145 billion and climbing. The migrants cost $2.5 billion โ€” three times what they spend on veterans. The schools spent $10 billion more and got the same failing scores. He blew $58 million of his own money on a tax hike voters rejected, then blamed the voters. His family went to Florida while yours couldnโ€™t go to work.

And through it all โ€” every dollar lost, every business gone, every resident who packed up โ€” he still has the lowest credit rating in America.

๐‡๐ž ๐๐ข๐๐งโ€™๐ญ ๐Ÿ๐ข๐ฑ ๐ˆ๐ฅ๐ฅ๐ข๐ง๐จ๐ข๐ฌ. ๐‡๐ž ๐ข๐ฌ ๐ˆ๐ฅ๐ฅ๐ข๐ง๐จ๐ข๐ฌโ€™ ๐ฉ๐ซ๐จ๐›๐ฅ๐ž๐ฆ. ๐€๐ง๐ ๐ง๐จ, ๐ญ๐ก๐ž ๐จ๐ญ๐ก๐ž๐ซ ๐Ÿ’๐Ÿ— ๐ฌ๐ญ๐š๐ญ๐ž๐ฌ ๐๐จ๐งโ€™๐ญ ๐ฐ๐š๐ง๐ญ ๐ก๐ข๐ฆ ๐ž๐ข๐ญ๐ก๐ž๐ซ.

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About royfmc

BS in Environmental Engineering from Northwestern University's McCormick College of Engineering MBA from DePaul University's Kellstadt's College of Business JD from DePaul University's College of Law Website: www.attorneymccampbell.com
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