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It was not surprising to see the confusion and attacks generated by the federal government’s effort to make the purchase of health insurance easier. We have seen it before. In business, universities, governments at all levels; new computer applications fail before they succeed.
“What is the purpose of this season of buying and buying more?” asks Oliver Offenon.
What is the No. 1 complaint of Hoosier employers? The labor force is outdated. We do not have enough workers with the training and experience to compete with other states and nations. Some employers would supplement that concern with the high percentage of applicants who cannot pass drug tests.
We have been hearing a great deal about how manufacturing is leading the nation back from the recession, and Indiana is out ahead of the nation in that recovery. Do the numbers verify the story? By-and-large, Yes.
‘Tis the season for strategic planning. Organizations, public and private, for profit and nonprofit feel the need to know where they are going in the next year. If they haven’t made a new strategic plan (or cannot find the one they made last year), there is the anxiety of traveling without a map.
It’s coming, not tomorrow, but soon. You and I will be asked by our federal and state representatives how the nation and Indiana should pay for the roads we drive.
It was after 4 o’clock and Myrtle my muse was late. “What kept you so long?” I asked peevishly.
There are so many ways to look at Brown County. You can marvel at the golden colors as the leaves turn this time of the year. You can admire the high median household income and high rates of educational attainment enjoyed by the citizens of Brown County. Or, you can zero in on the low wages…
It was delightful to read in the newspaper that Kokomo, Elkhart-Goshen and Columbus were among the leading metropolitan areas in economic growth in 2012. The report came from the federal Bureau of Economic Analysis, and stimulated local public relations people to rejoice with news releases t…
The debate over the Affordable Care Act, also known as ACA or Obamacare, seems to be a vast waste of time and energy. The act passed Congress, has been upheld by the Supreme Court and has already done considerable good for millions of Americans.
“Dead last,” Derrick Duldrum pronounced.
Are Hoosiers satisfied to be the best of the worst? Is mediocrity our highest level of aspiration? I like to believe the answer to those questions is NO, but I have my doubts.
Governors and mayors normally talk as if they are personally responsible for bringing jobs to their states and communities.
Michael Huber is the new president at the Indianapolis Chamber of Commerce. His is not the ordinary climb up the ladder. He has not moved from one chamber to another, ever increasing the size and scope of his responsibilities.
Every student who has taken introductory economics will tell you “if the price rises, less will be bought.” This is so firmly believed that is has been called “The Law of Demand.”
I did not expect it. Although as I look back, I now see I could have seen it coming. Like a hurricane, its path could be forecast although its timing and intensity were surprises.
I have just returned from a trip to the former East Germany and the current Czech Republic. Both were under communist rule for 40 years and they both, in different ways, are working toward the benefits and pitfalls of capitalism.
Several years ago, I asked the chancellor of Ivy Tech in Gary, “Why does your institution exist?” The response was clear and definitive, “We are a second chance school where those who seek additional education experiences can turn after high school.”
“Do you believe in testing?” asked Eugenia Evergreen in her extra earnest voice. It was as if I were being asked if I believed in abortion, the right to choose or the Grand Canyon.
This story requires a long timeline. It is suggested you put on your slippers, snuggle in something comfortable and put your favorite beverage by your side.
Sometimes what everyone knows is not actually known by everyone. Often those who know something don’t pay any attention to what they know. At times that avoidance of the known can be costly.
“So, like how are we doin’?” Eva LaFever asks. “We’re makin’ progress? We’re slippin’ back, maybe?"
The May unemployment rates for Indiana counties were released last week. They show improvement, although the state figure (8.1 percent) remains above the national rate (7.3 percent).
Opinions are solely the writer's. Morton Marcus is an independent economist, writer and speaker. Contact him at firstname.lastname@example.org
This column is not intended to confuse you, but to share the difficulty of making flat statements about a complicated matter. Be patient and maybe together we can make sense out of what appears to be chaos.
When you come down to it, having a job isn’t enough to make it in modern America.
To many Americans, Indiana is known for corn and the 500 race. These are views that are out-of-date and injurious to the state.
In statistics, the median is not a strip of grass down the middle of the highway. The median is the number with half of all values above and half below.
Snail Smith’s real name is Stanley, but his contorted windup and slow pitches gave him the nickname, Snail, during his short baseball career.
I like to complain as much as anybody else. In truth, I may do more than my share of finding fault and wagging a finger in warning.
After baseball, my favorite TV watching is the government channel. Here I can see the local government in action or local government inaction.
Spring is really here. Baseball is being played, the Cubs are already tragic, and Faye of the Forest reappeared on the back deck. She was parked on the railing as I sat down to write this column.
The rancor and moral outrage of the left and right over various current issues eats at the very core of civilized discussion.
Hortense and I were strolling from our car to the Exposition Hall of the Indiana State Fairgrounds. Our goal was the Indiana Artisan Marketplace, but we had to pass the Southwest Pavilion where they were holding the Midwest Reptile Show.
The news recently about Indiana’s economy was a mixed bag. According to the U.S. Bureau of Economic Analysis, Indiana ranked 16th in growth of personal income among the 50 states. Our 3.7 percent increase over 2011 beat out the national figure of 3.5 percent.
“Here’s a fact for you,” said Seymour Semaphore, who knows my interest in statistical realities. “Four of the five Indiana counties with the lowest average unemployment rates over the past 24 years border Indianapolis.”
With all the hoopla about basketball, several important issues are being neglected. But what else can arouse the passions of our citizens?
Indiana gains from commuting. More money flows into Indiana than leaves the state from the daily movement of workers. In 2011 the difference between the inflow and the outflow was in excess of $4 billion.
The nation’s 366 metropolitan statistical areas, or MSAs, accounted for 89 percent of the $13.3 trillion United States Gross Domestic Product in 2011. After the polluted language we’ve heard from legislators in Washington and Indianapolis, doesn’t that sentence give you a nice, clean feeling?
Tim Ptomaine is a quiet fellow not given to hysterics, but the day we met he was agitated.
Is inflation a problem that should concern retired citizens? The answer is, in the best tradition of economic thinking, yes and no. Plus, I must add, it all depends.
The plane was ready to take off, and I could not help noticing the woman sitting next to me. She looked like the national real estate agent of the year. Her iridescent baby blue and muted magenta tweed outfit clung to a body that survived on Special-K alone.
In the past week a suggestion has come forward that Hoosier schoolchildren should be educated in financial matters. Specific mention was given to loans, mortgages and credit cards.
Local economic development organizations (LEDOs) have been severely challenged in the past few years.
You cannot blame Mike Pence for delivering an upbeat inaugural address. Let’s just hope he has a clear understanding of Indiana’s real economic circumstances.
For those of you who like to run to the dictionary while reading this column, I apologize for the simplicity and directness of the words I am going to use.
Each year consumers cooperate with the U.S. Bureaus of Labor Statistics and the Census to report how we spend our money. According to the 2011 Survey of Consumer Expenditures, our 122 million households spent $6.1 trillion or nearly $50,000 per household.
At a time when hope for our governmental system was ebbing during the fiscal cliff crisis, several hundred young Hoosiers gathered at IUPUI in Indianapolis to refute despair.
The latest monthly Consumer Price Index offers a guide to life in the year ahead. Of course, as they say on Wall Street, past performance is not a guarantee of future conditions. Use caution in adjusting your life to the materials that follow.
Home during Washington’s fiscal cliff negotiations, Indiana’s third U.S. Senator – Phinneas Pfogghorn – met with me for a late afternoon coffee.
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Should the Indiana State Board of Education issue an apology for members' secret plea to legislative leaders?