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Economy

City, Daily Bread, Economy

Daily Bread for 1.7.22: The Booming National Economy

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Good morning. Friday in Whitewater will be partly sunny with a high of 11.  Sunrise is 7:24 AM and sunset 4:38 PM for 9h 13m 08s of daytime.  The moon is a waxing crescent with 27.9% of its visible disk illuminated.  On this day in 1901, Robert Marion “Fighting Bob” La Follette Sr. is inaugurated as governor…

Authoritarianism, Daily Bread, Economy, Politics, Poverty, Recession, That Which Paved the Way

Daily Bread for 12.2.21: Kasparov on How Foreign Dissidents Can Help Renew U.S. Democracy

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Good morning. Thursday in Whitewater will be partly sunny with a high of 49.  Sunrise is 7:07 AM and sunset 4:21 PM for 9h 13m 28s of daytime.  The moon is a waning crescent with 4.8% of its visible disk illuminated. Whitewater Fire Department, Inc. holds a business meeting at 5:30 PM and the Landmarks Commission meets…

City, Conspiracy Theories, Development, Disinformation, Economy, Ignorance, Local Government, Medicine, School District, Vaccines

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

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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…

America, Daily Bread, Economy, Productivity

Daily Bread for 8.23.21: Productivity

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Good morning. Monday in Whitewater will be partly cloudy with a high of 89. Sunrise is 6:11 AM and sunset 7:43 PM, for 13h 32m 03s of daytime.  The moon is a waning gibbous with 98.8% of its visible disk illuminated. The Urban Forestry Commission Arboretum Sponsorship Subcommittee meets at 4:30 PM. Whitewater’s School Board…

America, CDA, Common Council, Development, Economics, Economy, Free Markets, Local Government, Regulatory Capture, WEDC

Competition: Good for Individuals and Society

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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.…

Business, Economy, Free Markets, Labor, Lobbyists

Businesses, Workers, Goods, and Services

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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…

Bad Ideas, CDA, Corporate Welfare, Development, Economics, Economy, Foxconn, Government Spending, Mendacity, Scott Walker, Trump, WEDC

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

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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…

Boosterism, CDA, City, Culture, Economics, Economy, Local Government, Politics, School District, That Which Paved the Way, University

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

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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…

CDA, City, Conflicts of Interest, Development, Economy, Free Markets, Law, Laws/Regulations, Local Government, Regulatory Capture

Texas (But Not Only Texas): Regulatory Capture

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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…