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The new reality at the border
The image of illegal immigration in the minds of most Americans is of poor Mexicans streaming across the Southwest border. This is not entirely wrong, but it is outdated. As Congress debates immigration reform, it is worth taking a look at what's changed....
Tags: U.S. Congress, Mexico, Politics, Demographics, Woodrow Wilson
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The True National Debt
WASHINGTON -- How big is the national debt? You'd think this would be an easy question. Surely we know how much the government owes. Unfortunately, it's not that simple. The true national debt could be triple the conventional estimate, anywhere from $11...
Tags: Productivity, Gross Domestic Product, Government, Social Security, U.S. Congress
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Sad time for Maryland after passage of gas tax with automatic accelerator [Letter]
What a sad time for Marylanders. They are going to be subjected to a regressive gas tax that will have an automatic tax accelerator tied to the Consumer Price Index. It is unfair to the gas station owners who are operating along the borders of our state....Tags: Baltimore County, Consumer Confidence, Barack Obama, Public Transportation, Prices
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Social Security cutters distort 'accuracy' of chained CPI, again!
Ed Lorenzen, a representative of a clutch of Washington groups aiming to cut Social Security benefits for you and me, takes issue with my recent blog post calling out one of their "reforms" as a stealthy, and deceitful, benefit cut. Lorenzen even...Tags: Consumer Confidence, Inflation and Deflation, Social Security, Economy, Business and Finance, Prices
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State unemployment rate drops to 9.6%; employers add 41,200 jobs
California's economic growth revved up in February as employers added 41,200 jobs, one of the highest monthly gains since the Great Recession ended nearly four years ago. The payroll gains helped push the unemployment rate down to 9.6% from 9.8% in...
Tags: Personal Income, Career and Workplace, Supplemental Nutrition Assistance Program, Employment, Consumer Confidence
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Maryland's cloudy credit horizon
It would be ironic if Maryland, for the first time in the history of municipal bond ratings, lost its AAA status now. Thanks to a combination of spending restraint, tax increases and other reforms, Maryland's balance sheet is stronger that it has been...
Tags: Manufacturing and Engineering, Government, Politics, Minor League Baseball, National Government
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Consumer spending, confidence surprisingly strong
WASHINGTON -- American consumers are showing remarkable resilience. Despite the weight of higher payroll taxes and pump prices, consumer spending rose a surprisingly strong 0.3% in February from the prior month, after adjusting for inflation, the...
Tags: Personal Income, Layoffs and Downsizing, Productivity, Consumer Confidence, Labor Markets
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China's growth could plunge to less than 1% by 2030, study says
China's zooming economy may feel the crunch in coming years as its workforce ages and productivity slips, potentially dragging down the global economy, according to a recent study. In a worst-case scenario, economic growth in China could drop to less...
Tags: Federal Reserve, Productivity, Gross Domestic Product, China, United Nations
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Hartford, Fairfield Economies Recover Faster Than New Haven, New London
The Hartford CourantMetro Hartford and Fairfield County's economies grew faster than 80 percent of cities around the country from 2010 to 2011, the U.S. Department of Commerce reported Friday, but New Haven and New London's economies lagged. The Hartford economy, which...Tags: Fairfield County, Hartford County, Connecticut Labor Markets, Labor Markets, New Haven (New Haven, Connecticut)
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Gov't downsizes amid GOP demands for more cuts
WASHINGTON (AP) — Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, they've already gotten much of both. Spending by federal, state and local...
Tags: U.S. Department of Defense, George W. Bush, U.S. Congress, John Boehner, Labor Markets
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Surge in vegetable prices pushed up wholesale inflation in January
WASHINGTON -- A sharp jump in the cost of vegetables led wholesale prices to rise at a seasonally adjusted rate of 0.2% in January compared with the previous month, the biggest increase since the summer, the Labor Department said Wednesday. The Producer...
Tags: Commodity Markets, Upstream Oil and Gas Activities, Prices, Economy, Business and Finance, Market and Exchange
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Consumer confidence falls amid budget concerns
Stocks and housing prices continue to rise, but consumers are not feeling all that good about the state of the U.S. economy. Confidence among U.S. consumers fell more than forecast in March as Washington’s budget battle soured Americans’...
Tags: Bloomberg L.P., Consumer Confidence, Internal Revenue Service, Consumers
Apr 2, 2013
|Story| Los Angeles Times
Feb 25, 2013
|Column| Orlando Sentinel
Apr 2, 2013
|Story| Baltimore Sun
Apr 2, 2013
|Story| Los Angeles Times
Mar 29, 2013
|Story| Los Angeles Times
Feb 18, 2013
|Story| Baltimore Sun
Mar 29, 2013
|Story| Los Angeles Times
Mar 28, 2013
|Story| Los Angeles Times
Feb 22, 2013
|Story| Hartford Courant
Feb 22, 2013
|Story| Petoskey News
Feb 20, 2013
|Story| Los Angeles Times
Mar 26, 2013
|Story| Los Angeles Times
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