Economy

Richard Nixon: The Last Liberal President?

By at July 28, 2016 | 12:06 pm | 74 Comments

Richard Nixon: The Last Liberal President?

It’s been forty years since Richard Nixon’s obsession with Daniel Ellsberg and the Pentagon Papers backfired and led to the 1971 landmark First Amendment Decision, i.e., New York Times v. United States. The ruling made it possible for newspapers to publish the then-classified Pentagon Papers without risk of government sanction. For a man “kicked around […]

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Economy , Energy & Environment , Featured , Legal , Political , ,

Jumping Aboard Fracking’s Fossil Fuel Carousel

By at October 10, 2013 | 11:52 am | 0 Comment

Jumping Aboard Fracking’s Fossil Fuel Carousel

Two Pennsylvania legislators who have taken money from—and enthusiastically supported—the natural gas industry have teamed up to now praise coal. State Sen. Gene Yaw (R-Williamsport), chair of the Environmental Resource and Energy Committee, and Rep. Tim Solobay (D-Canonsburg, Pa.) are co-chairs of the newly-established Coal Caucus. It’s a strange move on their part, since both […]

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Economy , Energy & Environment , Featured , Marcellus Shale , Pennsylvania Issues , Political

RTC Minute: Transportation and Education

By at September 20, 2013 | 1:19 pm | 0 Comment

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Economy , Education , Energy & Environment , Featured , Pennsylvania Issues , Political , RTC Media , Video

Tom Corbett’s Sizzle has Fizzled

By at September 10, 2013 | 12:08 pm | 0 Comment

Tom Corbett’s Sizzle has Fizzled

With his popularity about the same as a hairy wart, Gov. Tom Corbett (R-Pa.) had to make some critical changes in his administration if he has any hope of winning a second term in 2014. There are many things he could have done. He could have increased funding to education. Shortly after he took office, […]

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Economy , Education , Energy & Environment , Pennsylvania Issues , Political

Top Ten Richest Countries of the World

By at August 5, 2013 | 11:06 am | 0 Comment

Top Ten Richest Countries of the World

The Gross Domestic Product (GDP) dollar estimates are derived from the purchasing power parity (PPP) per capita of various nations. This list of the top ten richest countries in the world is based on 2011-2012 reports from the International Monetary Fund, which uses the GDP per capita of each country, adjusted for cost of living […]

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Economy , Featured

How the Corbett Administration Is Diverting State Funds to Bail Out Harrisburg

By at August 1, 2013 | 12:13 pm | 0 Comment

How the Corbett Administration Is Diverting State Funds to Bail Out Harrisburg

How do you make a state bailout not look like a state bailout? That question is now being answered in Harrisburg, even if in a ridiculous fashion, in part by two words: parking spaces. For months observers of Harrisburg’s bond debt crisis have wondered what incentives could possibly be offered to bond insurer Assured Guaranty […]

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Dauphin County Watch , Economy , Featured , Haste Makes Waste , Pennsylvania Issues , Political ,

Biggest National Bank Bailouts

By at April 11, 2013 | 8:58 am | 0 Comment

Biggest National Bank Bailouts

  Nation Year % of GDP Indonesia 1997 57% Cyprus 2013 56% Argentina 1980 55% Iceland 2008 44% Jamaica 1996 44% Thailand 1997 44% Chile 1981 43% Ireland 2008 41% Macedonia 1993 32% Turkey 2000 32% South Korea 1997 32% Photo by swanksalot Source: Financial Times, March 19, 2013.

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Economy , Featured

Ten Big Tax Deductions

By at March 21, 2013 | 7:00 am | 0 Comment

Ten Big Tax Deductions

Charitable noncash contributions   Charity, as I hope everyone remembers, begins with a tax deduction. Now, let’s say you emptied your closets and gave everything to Goodwill or a similar charity. The value of your donated items — clothes, furniture, whatever — is deductible. Get a written receipt. With noncash charitable contributions, the rule is […]

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Economy , Featured

The Pennsylvania Turnpike Commission: Unsafe At Any Speed

By at March 14, 2013 | 1:25 pm | 0 Comment

The Pennsylvania Turnpike Commission: Unsafe At Any Speed

The Pennsylvania Turnpike was a landmark achievement for Pennsylvania motorists when it officially opened on October 1, 1940. Pennsylvanians had greater access to work, recreation, and family. Many Baby- boomers have happy motoring memories of stopping to picnic, eating clam rolls at Howard Johnsons, and taking Sunday afternoon drives to view fall foliage. That era […]

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Economy , Featured , Pennsylvania Issues , Political

Fiscal Chicken

By at December 31, 2012 | 7:00 am | 0 Comment

Talk show hosts and other bloviators have spent hours giving their versions of the fiscal cliff. In fewer than 750 words, I’ll explain the truth. Taxes and the deficit are intertwined. If Congress can’t come up with a plan to solve those problems, the U.S. will jump into the abyss of a deeper recession than […]

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Economy , Political , Uncategorized