Economy Blog Posts

The root of Indiana's myriad problems

November 22, 2010
Comments(37)
Longtime economist Morton Marcus says the objective truth is that Indiana is in decline. He also insists the solution is a change in the culture, not just job creation.
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A historian muses on the American character and the debt crisis

November 15, 2010
Comments(5)
Indiana University's James Madison is "marginally optimistic" Americans have the fortitude to tackle what could grow to become an emergency ranking with the Civil War, the Great Depression and World War II.
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Elections encourage an arch-conservative

November 3, 2010
Comments(2)
Bill Styring, whose long, wonkish career includes analyzing health reform for Mike Pence, cried last night.
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Kissinger speaks out about Indiana's 'passion' problem

September 28, 2010
Comments(6)
Pete Kissinger, who co-founded Bioanalytical Systems in West Lafayette, thinks Indiana needs more people like Bill Cook and Scott Jones—people who actually like their businesses.
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Mayors: Time to kick the unemployed in the keister

September 24, 2010
Comments(27)
Marion's Wayne Seybold and Greenfield's Brad DeReamer say too many people would rather collect unemployment than look for work.
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New venture capital firm off to blazingly fast start

September 9, 2010
Comments(0)
Cultivian Ventures began investing in a no-man's land just as the financial crisis ramped up, and now it's already considering a second fund.
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Best real estate agents get severe haircuts

August 30, 2010
Comments(4)
One perspective shows top-selling teams working just as hard to sell 27 percent less.
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Indiana bombs in rankings of 'new economy' states

August 25, 2010
Comments(8)
State has a dire future if Business Facilities' latest lists are any indication.
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Two reasons for optimism about a local housing recovery

August 24, 2010
Comments(6)
Pending sales are shooting up this month, and list prices are edging up over the long haul, a broker notes.
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Do manufacturers ever get to rest? (No.)

August 23, 2010
Comments(0)
Manufacturers continue to wring more from less. But have the gains been worth the human cost?
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Debating the place of the U.S. in the global economy

August 17, 2010
Comment(1)
China and India are quickly moving toward reestablishing their historical roles as two of the world's biggest economies. Where will the U.S. fit in?
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Market losses hammer Indiana colleges

August 16, 2010
Comments(0)
Three institutions flagged by U.S. Department of Education financial responsibility test.
 
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How have state workers fared under performance pay? Good question.

August 13, 2010
Comments(7)
Inconsistencies make comparisons a heavy lift.
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U.S. effectively bankrupt, economist says

August 12, 2010
Comments(5)
Boston University’s Kotlikoff warns the U.S. is actually in worse shape than Greece.
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Hyundai hole in Indiana

August 9, 2010
Comments(4)
The rising Korean industrial giant is building another plant in the U.S., but not in Indiana.
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Auer: Dow 20,000 by 2020

July 29, 2010
Comments(4)
Fund manager says rational thinking suggests the future is actually quite bright.
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Driving hard bargains at a big antique mall

July 27, 2010
Comments(0)
Shoppers are demanding price cuts on already-discounted merchandise. And young adults are showing up in droves.
 
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Legislative showdown unavoidable?

July 26, 2010
Comments(0)
With just about all the meat gnawed off the bones, lawmakers might turn on each other in the upcoming General Assembly.
 
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Will Indy homeowners abandon their mortgages?

July 21, 2010
Comments(7)
In other markets, homeowners who can afford their payments are making the ethical and financial calculus to hand the keys back.
 
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Momentum builds to delay Social Security

July 16, 2010
Comments(7)
Politicians are beginning to tepidly make the case to head off disaster.
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Why the recovery seems so lackluster

July 14, 2010
Comments(3)
Indiana doesn't come out so badly in a new Federal Reserve study.
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An ode to utility workers

July 13, 2010
Comment(1)
They're some of the most stable people in the state, a new study shows.
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Is alternative energy sustainable in Indiana?

July 7, 2010
Comments(4)
An economic development observer questions what will happen after the feds turn off the tap.
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Indy job recovery still underway

June 18, 2010
Comment(1)
Mixed unemployment report has some positive nuggets.
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How federal pork suppresses business

June 15, 2010
Comments(6)
A Harvard study shows companies suffer when politicians deluge their states with federal dollars.
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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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