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Delaware's Prevailing Wage is Still the Problem

The Caesar Rodney Institute's Center for Economic Policy and Analysis has updated its 2010 comprehensive report on the methodology used by the Delaware Department of Labor (DDOL) in the calculation of the state's prevailing wage and the methodology continues to be seriously flawed and tilted toward ...[read more]

New Castle Co, Wilmington economic plans are a good start

This article originally appeared in The News Journal as a Delaware Voice opinion editorial on November 18, 2014. The link is: http://delonline.us/1p1urFA   New Castle County Executive Tom Gordon and Wilmington Mayor Dennis Williams are to be congratulated for allowing consultants to produce ...[read more]

The positive benefits of a Right to Work law for Delaware

    A recent report from the Competitive Enterprise Institute confirms once again the economic boost that right to work laws provide states.     Richard Vedder and Jonathan Robe, in "An Interstate Analysis of Right to Work Laws," confirm that over time the ...[read more]

The Latest Tax Climate Report

The Tax Foundation has recently released its 2015 State Business Tax Climate Index. As usual the "tax you until you leave" states of New Jersey, New York and California fall at the bottom of the rankings. Besides the "energy belt" states, it is no surprise that Florida, New H...[read more]

High Electric Prices Hurt Economic Growth

This article was originally published on October 28, 2014 on the website InsideSources.com. This article is reprinted in its entirely with permission.   Economic research on the impact of energy prices on economic growth has focused largely on the volatility of the price of oil, which has tri...[read more]
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Survey Results Show Delawareans Want Education Reform

Many state legislators in Delaware have chosen to be joined at the hip with the Delaware public teachers union. This is in part because of the generous campaign contributions bestowed each year by the union to political candidates that see the world the way the union does. Changing sentiment among...[read more]
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State Regulatory Burdens: How Does Delaware Compare?

The recovery from the 2008-2009 recession has been the longest and weakest since WWII. Typically an upswing in domestic real investment initiates a recovery. The two main components of real investment are residential housing and nonresidential (business) investment. The bursting of the housing bub...[read more]

Delaware's Disappearing Labor Force

The Liberty Foundation of Oklahoma (http://libertyfound.org/) today released data on the labor force participation rates from 1999 through 2013 for all states. The trends in Delaware are disturbing (click on the link below for the depressing statistics).   The participation in the labor for...[read more]
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Dr. John Stapleford's Presidential Address

Dr. John Stapleford, taking over as CRI's new President, spoke to Dace Blaskovitz on "Money and Politics in Delaware" about his new role as CRI's president and on what was going on with the state's economy. The show airs Saturdays from 9-10 on WILM.com 1450 AM and WDOV.com 1410 AM.  ...[read more]

Delaware's economic growth lags behind neighbors

What do the numbers on Delaware’s production tell us about the effectiveness of the state’s economic policies?       Delaware’s economic growth rate, as measured by growth in gross state product (GSP) in chained 2009 dollars, has lagged behind the nation...[read more]

Delaware's Tax Rates Out of Order

When a state taxes something there will be less of it and when it rewards something there will be more of it. Delaware’s tax structure heavily taxes those who are most likely to create sustainable economic growth and new jobs, but rewards businesses like Fisker Automotive who receive generou...[read more]

Getting a foot in the door via apprenticeship

The recovery of employment since the 2008 crisis has been unusually slow. The unemployment rate has at last dropped below 7 percent because many have left the labor force. Total employment is still below its 2007 level. Persistent unemployment can be due to structural causes. For example, con...[read more]

Real Steps to Increase Jobs

            Delaware’s Goods Producing sector, like manufacturing and construction, declined 24% from pre-recession levels to 2012! The rest of the country was only down 2% and is on the way to full recovery. There are policy b...[read more]

Floundering in a Sea of Anecdotes

The data shows that Delaware's economy is still floundering. While employment is starting to pick up, the unemployment rate is stuck at twice the historic average. And this despite the labor force dropping by more than 6,500 persons since the beginning of 2013. Transfer payments remain the driving...[read more]

How the Prevailing Wage Law Stopped Progress

Recently, with encouragement from the County Executive, Tom Gordon, the New Castle County Council voted 7 to 6 against using a $100,000 contribution from the Friends of Rockwood to renovate the county-owned Rockwood Mansion. The argument was that such construction repairs should be subject to Dela...[read more]
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