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Economic Analysis
HICKS: Without real cuts, cost of borrowing will rise
July 9, 2011
Mike HicksWhat is abundantly clear is that federal spending is much higher than is currently sustainable.
MoreHICKS: Founding document holds lessons for today
July 2, 2011
Mike HicksThe Declaration of Independence has some key tenets that bear mentioning in these times.
MoreHICKS: Jobless compensation and the incentive to work
June 25, 2011
Mike HicksIn essence, the body of research tells us that longish periods of unemployment compensation tend to cause longish periods
of unemployment.
MoreHICKS: Absence of fathers has dire economic impact
June 18, 2011
Mike HicksPoverty in America is overwhelmingly caused by two things: failing to graduate from high school and single parenting.
MoreHICKS: Indiana an economic anomaly in Midwest
June 11, 2011
Mike HicksWe Hoosiers are an economic anomaly, an island of growth and resurgent prosperity.
MoreHICKS: Recession took its toll on under-educated
June 4, 2011
Mike HicksThe hard truth is that all the jobs lost in the economy that will return already have. So what will become of those who lost
jobs to the recession for which none await them now? The prognosis is none too optimistic.
MoreHICKS: Remembering those who fought, and why
May 28, 2011
Mike HicksThree times as many Hoosiers perished in the Civil War than the nation as a whole has lost to battle since Vietnam.
MoreHICKS: Slow recovery doesn’t favor intervention
May 21, 2011
Mike HicksMost disagreement over economic policy is not based on theory; rather it is based on the discordant views about the ability
of government to quickly and efficiently spend a stimulus or target a tax cut.
MoreHICKS: Gas prices explained by simple economics
May 14, 2011
Mike HicksOil prices are affected by the demand for petroleum products, the available supply of oil, the value of the currency in which
it is denominated, and uncertainty about future supply or demand.
MoreHICKS: Motherhood changes, but not in importance
May 6, 2011
Mike HicksThe best estimates tell us that about 26 percent of all Americans are mothers, and that the past few decades have seen a big
increase in the range of ages of motherhood.
MoreHICKS: Raising taxes won’t increase federal revenue
April 30, 2011
Mike HicksHauser’s Law, which is really an empirical observation, notes that U.S. income tax revenue has hovered within a percentage
point of 19 percent of our total economy for more than 50 years.
MoreHICKS: Corporate profits don't deserve condescension
April 23, 2011
Mike HicksProfits are much maligned, and the profit motive is oft depicted as synonymous with greed. This is disheartening. Disdain
drawn from ignorance is intellectually lazy.
MoreHICKS: Economic activity stalls when taxes rise
April 16, 2011
Mike HicksWe know from long experience that, if you raise taxes, you get less economic activity, even if higher tax rates make some
people work harder.
MoreHICKS: Right-to-work laws make economic sense
April 9, 2011
Mike HicksThere is abundant research on the economic effects of right-to-work laws by economists of both the right and left. The results
are pretty clear that right-to-work legislation leads to increased employment.
MoreHICKS: General Assembly puts foolishness on display
April 2, 2011
Mike HicksWe need the remaining month of this Legislature to look a lot less like the last month.
MoreHICKS: Debt a bigger problem than who bought it
March 26, 2011
Mike Hickspurchasing our debt and being our banker are different matters altogether.
MoreHICKS: Education reform deserves bipartisan support
March 19, 2011
Mike HicksThe goal of the legislation is to give public schools more incentives to improve.
MoreHICKS: Unfortunately, veteran tuition benefits must be cut
March 12, 2011
Mike HicksIt's a wide entitlement program that will literally explode in the coming decades, since a third of all combat veterans will
meet the disability requirements. It is not sustainable, and the Senate just tightened the requirements.
MoreHICKS: Telecom reform in Indiana worked
March 5, 2011
Mike HicksDeregulation of monopolies tends to almost always make consumers better off. Indiana’s broad and effective telecommunications
reform of 2006 is a classic example of this.
MoreHICKS: Uncertainty always leads to oil-price fluctuations
February 26, 2011
Mike HicksBeing a commodity, changes to oil prices are frequent and instantaneous. Changes to supply or demand of petroleum in the Middle
East affect the price at the pump in the Midwest within hours.
MoreHICKS: Productivity gains make for jobless recovery
February 19, 2011
Mike HicksIt is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
MoreHICKS: Trimming government fat tough, but necessary
February 12, 2011
Mike HicksRecognizing inefficiency in government is far more difficult than rhetoric suggests. The private sector has the blessing of
the profits to guide decisions.
MoreHICKS: Deciphering economy a confusing pursuit
February 4, 2011
Mike HicksA casual observer of news about economic indicators has more than enough reason to be puzzled.
MoreHICKS: President should focus on reducing debt burden
January 29, 2011
Mike HicksWhat worried me most about the president’s speech was not what he said, but what he didn’t.
MoreHICKS: Earmarks need overhaul, but they aren't entirely bad
January 22, 2011
Mike HicksOur influential senior senator, Richard Lugar, and 6th District congressman, Mike Pence, disagree on an outright ban on earmarks.
This is a rare case in which the differing concerns of both men are right.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.