Economy | FREE WHITEWATER
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Economy

Daily Bread for 10.1.21: The Truth About ‘Dollar’ Stores

Good morning. Friday in Whitewater will be partly sunny with a high of 88.  Sunrise is 6:53 AM and sunset 6:34 PM for 11h 41m 25s of daytime.  The moon is a waning crescent with 27.2% of its visible disk illuminated.  On this day in 1941, Walt Disney World opens near Orlando, Florida. Whitewater may one…

Daily Bread for 9.26.21: The Vaccine Divide and the Economic Divide

Good morning. Sunday in Whitewater will be partly sunny with a high of 82.  Sunrise is 6:47 AM and sunset 6:43 PM for 11h 55m 49s of daytime.  The moon is a waning gibbous with 73% of its visible disk illuminated.  On this day in 1789, George Washington appoints Thomas Jefferson the first United States Secretary…

Daily Bread for 8.16.21: Broadband Gaps, Right Here in Whippet City

Good morning. Monday in Whitewater will be sunny with a high of 84. Sunrise is 6:03 AM and sunset 7:54 PM, for 13h 50m 37s of daytime.  The moon is a waxing gibbous with 59.7% of its visible disk illuminated. Whitewater’s Equal Opportunities Commission meets at 5 PM, the Community Development Authority at 5:30 PM,…

Competition: Good for Individuals and Society

Pres. Biden plans measures to increase market competition. David Leonhardt reports Biden’s New Push (‘The U.S. economy suffers from a lack of competition. President Biden wants to change that’): The U.S. economy has been less dynamic in the 21st century, by many measures, than it was in the late 20th century. Fewer new businesses are starting.…

Businesses, Workers, Goods, and Services

Over at Dan Shafer’s Recombobulation Area, guest columnist Shawn Phetteplace reminds us that WMC Doesn’t Speak for All Businesses. Phetteplace, the state manager for the Main Street Alliance, writes that When former Gov. Scott Walker declared Wisconsin “Open for Business,” what he meant was it was open for deregulation, tax cuts, and special deals to…

Foxconn: New, More Realistic Deal Means 90% Reduction in Goals

After years of flamboyant lies about what Foxconn would be able to achieve in Wisconsin, there’s a new deal with that foreign corporation. That new arrangement reflects a reduction of 90% or more in what Wisconsin expects and what the state will offer. Local governments have already wasted millions on absurdly grandiose, false promises Not…

Local Politics Hasn’t Been Merely ‘Local’ for Years

Over at the Wisconsin Examiner, Henry Redman writes (with concern) that All politics is national (‘Candidates for local office are ignoring community issues, instead highlighting national culture wars’). First, Redman’s case, then a few remarks. Woodman [Kyle Woodman, a Republican running for Eau Claire’s city council] is part of a mostly conservative group of candidates…

Texas (But Not Only Texas): Regulatory Capture

Regulatory capture is a simple concept: it applies when regulatory agencies become dominated by the industries or interests they are by law required to regulate. These agencies begin to act to benefit particular incumbent firms or people in the industry they are supposed to be overseeing. The concept is also sometimes called agency capture or…

The Bad Economy Isn’t Causing Good Enrollment Numbers

Catherine Rampell observes Tough economies usually push people into more education. It’s not happening this time. She writes that Usually, postsecondary enrollment increases during tough economies, as workers seek shelter from the lousy job market and invest in upgrading their skills. This can be a (small) silver lining of downturns: If displaced workers choose wisely…

Unemployment Imagined and Real

National unemployment figures have been undercounting the true number of those unemployed. Rachel Siegel reports Fed chair: Unemployment rate was closer to 10 percent, not 6.3 percent, in January: Federal Reserve Chair Jerome H. Powell said Wednesday that the unemployment rate in January was “close to 10 percent,” significantly higher than the 6.3 percent rate…

Buy Local Will Change

The pandemic has made takeout and delivery more valuable than ever, not only for convenience but also for reduced exposure. In larger cities, some changes to restaurant delivery (among other services) have been building for years, and are likely to be permanent. See Heated patios, QR code menus and pop-ups: Milwaukee restaurants got innovative during…

Markets and Markets

One reads that Whitewater now has an option, for most of the city, of grocery delivery from nearby cities. As it is, Whitewater has a Walmart, but no stand-alone, full-service grocery. Private delivery service is a benefit to the community. It’s better to have more grocery options than fewer. These are private enterprises providing private delivery…