By Michael Lucci -
CNN’s Crossfire hosted a Texas vs. Illinois debate on Friday. The debate ranged from health care and fracking to the minimum wage and job creation.
A new ad was unveiled that will roll out in Illinois to entice businesses and workers to move down to Texas. This would be nothing new, as Illinoisans have been migrating to Texas for decades. The ad promises fiscal responsibility and a favorable business environment, concepts that Illinoisans have heard about in theory but haven’t seen in practice for decades.
Texas has also trumped Illinois on payroll job creation.
It’s not just because Texas is a bigger state. Texas’ payrolls grew at 14 times the rate of Illinois’ payrolls
As so often happens when an economic debate is lost, some Illinoisans point to their higher minimum wage as evidence of economic superiority, and say that Texas ought to lift its minimum wage to help the poor.
- In 2013, unemployment for people age 16-19 was 28.3 percent in Illinois, versus 21.5 percent in Texas.
- In 2013, unemployment for people age 20-24- was 15.8 percent in Illinois, versus 10.7 percent in Texas.
CNN’s Crossfire is billed as a debate show. But on Friday, they didn’t host a debate. They hosted an exhibit of the policies of an effectively run state economy vs. the policies of a failed state economy.
Michael Lucci is Director of Jobs & Growth at the Illinois Policy Institute