Governor Pat Quinn’s approval rating is 35.5%.
My question is where do you have to go to find the 35.5% that approve?
The recent poll was taken by the Paul Simon Public Policy Institute at Southern Illinois University. The same poll found only 14.9% of those who responded thought the state was headed in the right direction.
Sunday’s Chicago Tribune Editorial Page (found here http://www.chicagotribune.com/news/opinion/editorials/ct-edit-ceosurvey1-20111023,0,216291.story) paints a gloomy picture for the state. The Tribune took a poll of 45 chief executives of top Chicago based public companies and found that they were disgusted with the direction of the state and with the state’s lack of political leadership. The Tribune reports: "The executives delivered a thudding vote of no confidence in the leadership and direction of the state they call home." The editorial continued:
Only two of the 45 executives we surveyed say they expect the state’s economic condition to improve in the coming year. Only six of the 45 say economic conditions in Illinois are better than they are in nearby states.
Political leadership– or lack thereof in Illinois– could one reason why unemployment has risen to 10% in Illinois. An excellent example of the lack of job creation in Illinois comes from Peoria. Peoria’s Mayor Jim Ardis presents the issue for Quinn:
Peoria’s own Fortune 100 company, Caterpillar Inc., recently announced a $200 million investment to modernize its nearby East Peoria facility. But no new jobs were created. Why? Over the last 18 months Caterpillar has hired about 11,000 people at facilities across America, yet Illinois hires remain flat.
Maybe that’s because Caterpillar’s Board of Directors is among the 64.5% that disapprove of Governor Pat Quinn.
The governor said he’s not worried about the poll numbers. Hopefully, he is worried about the lack of confidence the CEOs of Illinois’ top companies have in his Administration. Illinois unemployment rate will not get any better without confidence in him and his Administration from these businesses.
Would you be comfortable investing $10,000 in a hypothetical fund called "the state of Illinois?"