Articles

Tough budget choices for state

Gov. Mitch Daniels has ordered a string of budget cuts as the recession hammers tax revenue, and the upcoming
General Assembly promises to generate squabbles over what little money is left to spend.

If you were governor, what would…

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Recession, lockdown of credit hammers businesses of all sizes

Stock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.

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Something to think about as a new year dawns

I think about the economic crisis, the housing crisis, the climate crisis, the energy crisis, the automotive crisis, the Middle
East crisis, the education crisis, the college affordability crisis and all the other crises — real, imagined and manufactured
— and I wonder whether they’ll drive us to the precipice, or even the apocalypse, and whether we’ll change at the last
minute, and, should we survive, whether we’ll remember what we want to forget or forget what we want to remember.

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Nearly free money on the way?

The Federal Reserve this week is expected to drop the rate at which banks loan money to each other below
1 percent. That means interest rates on loans for just about everything, from cars to housing, eventually
would fall further.

The…

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Utility of WARN notices

In times like these, what do you think of the Worker Adjustment and Retraining Notification Act, commonly
called the WARN Act or WARN notices?

The federal law was passed in 1988 to give employees 60 daysâ?? notice of an impending layoff,…

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