Archive for the 'Economics' Category

Maryland Should Ban Crabbing and Support Watermen, Crab Industry Workers

By: Mick, April 15th, 2008

I’ll readily admit that I don’t know every detail of the “negotiations” happening between Maryland government and the commercial watermen who depend on the Chesapeake Bay for their livelihood. But having lived in Maryland for over 30 years and witnessed firsthand the continued decline of the Bay and its once-abundant wildlife, you don’t have to […]

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Smart Development Vs. Job Growth at Terrapin Run?

By: Matt, October 30th, 2007

That’s what some say about a proposed development known as “Terrapin Run” in Eastern Allegany County, Maryland, but the truth may in fact be much different. The concept of “growth vs. conservation” is not a new one, but in addition to an old concept being run out before the public again, the same age-old reactions […]

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Can They Make Chryslers in India?

By: Matt, October 10th, 2007

Yes, they can. But, alas, shipping them back to the U.S. could be prohibitively expensive.
An AP story highlights a UAW strike against Chrysler LLC that is expected to end shortly, though a few items must still be agreed upon:
The bargaining appeared to hinge on the UAW granting the same health care cost concessions to Chrysler […]

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The Complex World of Union Labor

By: Mick, September 25th, 2007

Workers at GM walked off the job yesterday to demonstrate their opposition to talks that General Motors may be moving U.S. auto-making jobs overseas. So, basically, thousands of members of the United Auto Workers union left their jobs in an effort to secure their jobs. I’m completely uninformed when it comes to the machinations of […]

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What Does Jobs Data Mean for Me?

By: Mick, September 7th, 2007

Answer: Nothing.
I read a headline today that noted the unexpected net drop of 4,000 jobs by U.S. employers in the month of August. In this current climate of growing media panic about the collapse of the housing market, mortgage lending, and now credit lending in general, this would seem like another indication that the national […]

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Government Deadline for Income Theft Quickly Approaching

By: Matt, April 8th, 2007

Huh? OK, if you think that the current income tax system is not a legally sanctioned version of me taking your wallet and running, let me know. I will, however, be sure to heap scorn and vitriolic abuse upon you with such vehemence that you’ll wonder how words can hurt so much.
Just a reminder though […]

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Shortage of IT Workers in India Leads to Fear of Higher Wages

By: Mick, April 7th, 2007

The perception of India in the United States is often one of an infinite well of IT and technical talent, usually willing to work for wages below those of their American counter-parts. All of the talk of outsourcing and the growing demand for H-1B visas for foreign workers to enter the U.S. certainly contributes to […]

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Careerbuilder.com Says Job Market Slowing in Second Quarter

By: Mick, April 5th, 2007

According to an article in yesterday’s USA Today, Careerbuilder.com says fewer employers expect to add workers in the second quarter. Note that the numbers are far from staggering – 29% of employers said they planned to hire new employees in the second quarter, which is down from 34% in the first quarter – and could […]

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Mortgage “Spiral” Has Effect on Wall Street Hiring

By: Matt, March 30th, 2007

Many are talking about the subprime “lending spiral” that’s going to ruin the residential mortgage lending business, cause home prices to plummet and, in general, destroy the world. OK, I’m exaggerating of course, but the mainstream media have taken this story and run with it, so chances are that you’re tuned into the issue even […]

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The Wisdom of Wealth

By: Mick, January 21st, 2007

I have written on previous occasions about my hypocritical dislike of the American culture of consumption and about various definitions of wealth, what makes people truly happy and other related righteous ponderings. But today I want to talk about real financial wealth - the truly BIG money – and the world of the people who […]

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