In a fiscal update given to the General Assembly, the Department of Legislative Services (DLS) lays out the scope of the state’s budget problem and the options for dealing with…
Economy
132 Articles
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For those readers who missed it in the comments section, this exchange between myself and County Executive spokesman Patrick Lacefield about the county’s proposed stimulus package is worth reading.Lacefield: Don’t…
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Is This Really Stimulus?
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The Post wrote a short article on County Executive Ike Leggett’s stimulus proposal on Friday. But in scrutinizing the details, we have yet to find where the “stimulus” is!Here are…
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Edgerley Resigns at DBED
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The Baltimore Business Journal is reporting that David Edgerley, Maryland’s Secretary of the Department of Business & Economic Development (DBED), is resigning.This story does not have as many political implications…
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MoCo’s Great Crash, Part Two
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In Part One, we made the case that Montgomery County’s real estate and construction industries together might account for one-fifth or more of the county’s private sector economic activity. And…
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MoCo’s Great Crash, Part One
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There is a lot of talk about a Great Crash: that of America’s stock market. And there is a lot of talk about another Great Crash: that of America’s economy….
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MoCo: Not as Rich as You Think, Part Two
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Because people in Montgomery County are wealthy, they can easily afford big mansions, right? WRONG.The residential real estate boom started in Montgomery County in the late 1990s, as it did…
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MoCo: Not as Rich as You Think, Part One
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When our state legislators go to Annapolis and look for adequate funding for our schools and transportation facilities, they confront a common attitude from the rest of the state. “You…
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The State of Working Maryland 2008
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The central findings in Progressive Maryland’s new report are: 1. Rising productivity since the mid-1990s has not lead to significant gains in real wages. 2. Income inequality persists as only…
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Red Maryland blogger G.A. Harrison claimed last week that Maryland has lost over 2,500 jobs under Governor O’Malley. But that statement is a gross distortion with little basis in fact.Harrison…