Articles

Bargaining away the reserve

In his five-minute address last night, Mitch Daniels referred to other statesâ?? fiscal woes no fewer than
four times.

Daniels, who is so fiscally conservative that one wonders whether he darns his own socks, is rightfully proud
that his state hasnâ??t…

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Unprecedented economic forecast revision will frame special session

With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that’s taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.

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Recession toughens faith communities

I enjoyed speaking to your reporter, Kathleen McLaughlin. However, her article ["Building on a prayer," in the May 25 issue] contains an error that requires correction. The statement that "Holy Trinity Greek Christian Orthodox Church proceeded with its northward migration from 40th and Pennsylvania streets to western Carmel even though it isn’t necessarily growing"—is not […]

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The recession hits churches

Churches, which tend to ride out recessions better than many other institutions, are struggling to finish
building projects, reporter Kathleen McLaughlin writes in this weekendâ??s IBJ.

The recession and stock market downturn have forced parishioners to scale back commitments,…

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Stressed college grads

A new poll shows college grads are worried about finding jobs â?? no surprise there, considering the sorry
state of the economy.

But the poll, taken by Edison Media Research, also shows a third of them fretting about their…

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Fiscal crisis calls for drastic measure

Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.

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Report: Life sciences rocks

Indiana University handed the stateâ??s life sciences industry a nice love letter today in the form of a study.

Pharmaceuticals, medical equipment and health care supplies were responsible for nearly a fourth of all jobs
created in the state…

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Scott Sanders on the recession

One of Indianaâ??s better-known living authors, Scott Russell Sanders, has spent most of his career writing
about our relationship to the environment and our sense of place.

Sanders newest book, â??A Conservationist Manifesto,â?? published last month by Indiana University…

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Lessons from a small bank

Sometimes one extreme sheds light on another extreme, and in a day when the nationâ??s financial system is
under the microscope for making all manner of rotten loans, the experience of tiny Kentland Federal Savings
& Loan Association might be…

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Data can be deceiving when the economy slows

Investors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.

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Return of the gas-guzzler?

Americans are gravitating toward the kinds of vehicles theyâ??ll be buying for the next several years, says
one of the nationâ??s leading automotive forecasters.

John Wolkonowicz, senior auto analyst at IHS Global Insight, says the dominant vehicle of the future will…

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Central Indiana could lead economic recovery

Every day, we get more bad economic news. While I’m not smart enough to know when the global economy will rebound or how strong
the rebound will be, I do believe central Indiana and the Midwest are well-positioned to lead the recovery.

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Is poor management Indiana’s problem?

Hoosiers identify many factors contributing to our state’s long-term economic difficulties. It is fashionable to blame our
workers. It is easy to decry a lack of natural amenities: no mountains, no coral reefs. Our public schools are inferior and
perhaps our higher education is overrated. Our taxes are too high but we have substandard government services. We ain’t got
no culture. Rarely do we hear anyone say that our problem is management.

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Federal stimulus trickles down

There’s a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the
stimulus warmed-over leftovers.

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Fearful business buyers

You might think people would be hankering to buy businesses, what with the frail economy tripping trap doors
beneath more and more jobs.

Not so, says the managing partner of the stateâ??s largest business brokerage.

Ed Mysogland says the Web site for…

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