Economy jitters won't go away

May 7, 2008
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Exit polls yesterday showed Hoosiers voted their pocketbooks. Theyâ??re worried about the economy.

That has a familiar ring. Many voters made a similar point four years ago when Gov. Mitch Daniels beat Gov. Joe Kernan by promising to improve the economy.

Now, Jill Long Thompson is saying much the same. She defeated Jim Schellinger yesterday for the right to face Daniels, and says Daniels has mismanaged economic development.

Who are voters upset with on the economy, Bush, Daniels, or someone or something else?
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  • I haven't heard one intelligent thought from the Jill Long Thompson campaign.
  • Gas at $4.00 per gallon. Won't make any difference who get's elected. This country is dead in the water. Most will run out of money. Rebate checks will go for gas. When that's gone, we're done. It's just a matter of time before the lowest paid employees will not be able to get to work. Then all social services will break down. Then it's evey man for himself. It's all over. Most people just havn't done the math yet.

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  1. 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.

  2. If you only knew....

  3. 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.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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