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Economy

Commerce Slows

Update, Friday afternoon: Trump folds under pressure agrees to a three-week re-opening of the federal gov’t.  Of his Rose Garden address this afternoon (one that I watched in full), Jennifer Rubin observes “[m]aybe this is part of an insanity defense for the Russia probe.” One reads that under the shutdown, interstate commerce now slows: Significant…

Ignorant Policymakers Will Produce Ignorant Policies

Rep. Justin Amash, who is as close to a libertarian as any Republican in Congress, offered this observation about Wilbur Ross, Trump’s Secretary of Commerce: It’s amazing that Wilbur Ross was nominated and confirmed to be secretary of anything. He’s shown over many years that he doesn’t understand basic economics, and to describe him as…

The Shutdown Brings…a shutdown

Troy Newmyer reports Economists worry ‘zero growth’ may be reality as shutdown drags on: Kevin Hassett, the Trump administration’s top economist, acknowledged yesterday the economy may not grow at all in the first quarter if the shutdown lasts that long. And White House acting chief of staff Mick Mulvaney is eyeing an even longer impasse. He…

Nationally and Locally: The Big-Government Conservatives Are Economy-Wreckers

Catherine Rampell, writing about the national GOP, accurately describes their economic policy under Trump in The GOP has become the Soviet party.  This has been a building national problem for years, but a building local problem for about as long: a clique of slogan-rich but insight-poor local conservatives have wrecked economies like Whitewater’s economy with a steady diet of…

Foxconn Couldn’t Even Meet Its Low First-Year Goal

Here in Whitewater, the local private business lobby invited last year as a guest speaker a state operative to exaggerate wildly talk about Foxconn. See A Sham News Story on Foxconn. As it turns out, Foxconn hasn’t even been able to meet the low, first-year employment goals set for the publicly-subsidized project. Rick Rommel reports Foxconn falls…

‘Our Guy’ Isn’t Our Guy

Some months ago, in a radio interview to tout part of the Trump tax bill, the Whitewater Community Development Authority’s executive director Dave Carlson referred to Congressman F. James Sensenbrenner as ‘our guy.’ Sensenbrenner, a pro-Trump septuagenarian multimillionaire from a gerrymandered district, is – literally – Whitewater’s federal representative. Sensenbrenner has never been – and…

Political and Apolitical Means of Local Accomplishment

One test of an institution’s vitality is how eager people are to become members, and how interested a community is to learn who’s become a member. Strong institutions or organizations attract attention. When the institution is a city or county government, one looks to see who’s eager to run for office, and how many people…

The Broad Outlines of 2019

For many years, I would begin the year with predictions for the twelve months ahead.  Events since 2016 have made predictions harder,  but one can still discern some short-term developments for the city.  These prospects, of course, form an online of topics to ponder, and about which to write (often requiring that one return to the…

The Outrage of Corporate Welfare (Amazon, Foxconn, and others)

You may have heard by now that Amazon’s new headquarters will soon call the New York and Washington, D.C., metropolitan areas home. This decision has engendered much criticism. But the Atlantic staff writer Derek Thompson doesn’t think the vitriol is enough. “We should all be screaming mad about the state of corporate handouts in this country,” Thompson…

Foxconn Roundup: Outside Work and Local Land

Foxconn’s boosters each day inch closer to a corporate welfare version of Scientology: it doesn’t make any sense, but adherents keep to themselves and repeat a shared list of crackpot claims. The latest news to pierce the cultists’ bubble: Molly Beck and Rick Romell report Wisconsin taxpayers could pay Foxconn for work done outside of Wisconsin,…

Reported Family Poverty in Whitewater Increased Over the Last Decade

Over the last ten years, while Wisconsin and America recovered from the Great Recession, in Whitewater poverty among families with children actually increased. The Great Recession – deep and painful for many, lasted from December 2007 to June 2009. Afterward, most parts of America saw recovery, sometimes slow, sometimes rapid, but recovery by either definition.  That’s why for…

The ‘Real’ Residents

Emily Badger reports Are Rural Voters the ‘Real’ Voters? Wisconsin Republicans Seem to Think So: In much of Wisconsin, “Madison and Milwaukee” are code words (to some, dog whistles) for the parts of the state that are nonwhite, elite, different: The cities are where people don’t have to work hard with their hands, because they’re collecting…

Pro-Trump Areas Worse Off Than Ever

Economics professor Anthony W. Orlando writes Is Trump country really better off under Trump? No. It’s falling further behind: Two years have passed since Donald Trump made his famous campaign promise in disaffected regions across the country: “We are going to start winning again!” For many voters who felt that they had lost ground in recent decades, the…

Entire Trump tweet on immigrant aid is wrong

The Associated Press reports an [e]ntire Trump tweet on immigrant aid is wrong: TRUMP’s retweet: “Illegals can get up to $3,874 a month under Federal Assistance program. Our social security checks are on average $1200 a month. RT (retweet) if you agree: If you weren’t born in the United States, you should receive $0 assistance.” THE FACTS:…