Posts Tagged ‘Economy’

Sep
2013
12

REPORT: Fracking Added $1200 to Average Real Household Disposable Income in 2012

  NOTE: the article discussed below is paywalled on the WSJ site An article this week from the Wall Street Journal argues that the remarkable uptick in U.S. oil and natural gas production may be the country’s best anti-poverty program.  In both lowering household costs and providing large influxes of cash to those willing to …
Jun
2013
11

Indiana One of Just Eight States to See Tax Revenue Decline. Is “Right-to-Work” to Blame?

  The Fort Wayne Journal-Gazette threw a quick jab at Indiana’s “Right-to-Work” law — controversially adopted last year — in the “Furthermore” section of their paper last week: The report from the Nelson A. Rockefeller Institute of Government showed state collections from major revenue sources…
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May
2013
30

Chinese Wages are Rising While American Wages Fall. Amazingly, This Might Be a Good Thing.

Chinese Wages are Rising While American Wages Fall.  Amazingly, This Might Be a Good Thing.
  The new Global Wage Report from the International Labour Organization (ILO) shows that wages for American and Chinese workers are trending in opposite directions. The bad news? Chinese wages are rising while American wages fall. It’s convenient to suggest that the 2008 financial crisis and the ensuing global recession are to blame for…