Articles

MARCUS: Indiana’s wage gap is growing-WEB ONLY

Today, with our national economic crisis, it is easy to focus on getting jobs. Under such dire conditions as those facing some workers, homeowners and retirees, we can forget that getting back to where we were before all this economic distress may not be an appropriate goal. Imagine with me that Hershel Hoosier was born […]

Read More

EYE ON THE PIE: Feelings may contradict economic facts-WEB ONLY

In this space last week, I wrote that the Great Depression ended in 1937. Several readers reminded me that for those who lived through it, the Great Depression did not feel over until much later. For some, hardship and denial did not end until well after World War II. Others failed to see significant improvement […]

Read More

EYE ON THE PIE: War did not end the Great Depression-WEB ONLY

It’s time to set the record straight. It was not World War II that moved America out of the Great Depression. When we talk about the American economy, we discuss the actual or “real” goods and services produced in this country. To compare one year with another, we must remove price changes so we can […]

Read More

Economic illnesses are like viruses

What kind of remedy should be applied to the economy? Surely we want something that will work quickly. But we also want something
that will help provide income in the future. That’s called investment.

Read More

MARCUS: Economic illnesses are like viruses-WEB ONLY

I’m sick. It’s just a cold. All my joints ache, I cannot speak, I don’t want any liquid or solid inputs and have little control over my nasal and other outputs. It’s just a cold that modern medicine acknowledges it cannot cure. Mitigation of symptoms is what we get. The throat is soothed by a […]

Read More

EYE ON THE PIE: I dreamed I saw Barack last night-WEB ONLY

I had a dream that I met with President Obama during his visit to Elkhart. It was just before breakfast in a school gymnasium. He was shooting baskets with one hand and drinking orange juice with the other. “A little one-onone?” he asked. “No,” I answered. “My basketball days are over.” “What do you do […]

Read More

EYE ON THE PIE-WEB ONLY

The phone rings. “Hello,” I say. “Hi. This is Dannae Deadline from the Denver Drought,” a female voice replies. “Denver, Colorado?” I ask. “No,” she says, “Denver in Miami County, north of Peru, near Mexico and Chili.” “What can I do for you Dannae?” I ask. “My editor tells me you received some distinction recently […]

Read More

State needs more unemployment analysis, stats

How are the economic development professionals in each Indiana county supposed to do their jobs when they don’t get quality statistics like those provided to professional sports managers and coaches?

Read More

EYE ON THE PIE-WEB ONLY

Consider now the familiar unemployment data that are put out for each county each month. How the U.S. Department of Labor and the Indiana Department of Workforce Development get meaningful “estimates” for most Indiana counties is a mystery that Sherlock Holmes, Miss Marple and Lenny Briscoe are still trying to solve. We get figures followed […]

Read More

EYE ON THE PIE: Good intentions just aren’t enough-WEB ONLY

Two weeks ago in this space, I offered an over-the-top column about online networks. Many readers failed to recognize the tonguein-cheek approach to linking up with others. Instead, they interpreted that hyperbolic diatribe as an attack on computers, the modern age, progress and humanity. Your author was described as an isolationist doomed to a lonely […]

Read More

EYE ON THE PIE: We citizens must save the state-WEB ONLY

Here we go again. The Legislature is in session and the governor tells us how tight the budget will be. Can you recall a time when Hoosier state and local budgets were not in trouble? Did any governor ever come before the General Assembly and say, “Folks, we got more money than we know what […]

Read More

Recession leads to a new vision

The Rev. Terminus Tufflov was preaching, although he and I were the only people in the sanctuary.
"These are hard times, my friend," he said. "The forces of darkness have gathered and are threatening my flock. These economic
woes are tests sent from on high to challenge our faith. We must prevail and we will prevail."

Read More