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Decline in Construction and its Effect on Gender
Unemployment in the construction sector increased by 79,000 in June, according to a report The Associated General Contractors of America released earlier this month. Over the past year, that number has...
View ArticleRecession Job Losses and Recovery in Midwest Cities
The Windy Citizen pointed me at coverage of metro area job losses in the recession. Here is how the 12 cities I principally cover in this blog stacked up, sorted in descending order of percentage...
View ArticleThe Case for Walking Away
First American CoreLogic, a real estate research company, recently released data on negative equity mortgages for the third quarter of 2009. The situation is stark. Nearly one in four U.S. mortgages...
View ArticleMunicipal Budget Mess
A recent report from the National League of Cities projects a grim financial situation for many municipal governments during the next three years. According to the report the municipal sector "likely...
View ArticleIs Illinois 'Bankrupt'?
While California's much publicized budget battles have made the dire financial straights faced in Sacramento a topic of regular media conversation, other states are also experiencing major fiscal woes....
View ArticleRecessions Destroy Lives
Thursday a man flew an airplane into the Austin, Texas, IRS Building. The Left claimed he was a “Tea bagger,” their vulgar term for Tea Partiers, apparently because he was anti-government. The Right...
View ArticleThe State of Illinois’ Long Term Decline
Barack Obama’s home state is in the news but not for positive reasons. Fitch downgraded Illinois debt. At the end of March, according to the Bond Buyer:Fitch Ratings late Monday downgraded Illinois’...
View ArticleDrew Carey and John Stossel Tell Cleveland to Learn From Houston
What started as a humble video segment for Reason TV has mushroomed into a lot of positive PR for Houston (and less than positive for Cleveland). It started with famous actor and comedian Drew Carey...
View ArticleWhat Jobs?
According to the Bureau of Labor Statistics, there were 290,000 more jobs in the US this month than there were last month. Twenty percent of those jobs were added by the federal government. While the...
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Time Magazine Gets it Wrong on the Suburbs
Time Magazine's Sam Frizell imagines that the American Dream has changed, in an article entitled "The New American Dream is Living in a City, Not Owning a House in the Suburbs." Frizell further...
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