To boost Indiana’s economic vitality, reform high schools and retrain biz leaders
Beyond a sincere effort to improve high school education, we require massive retraining of our
business leaders and managers.
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Allison plagued by debt-WEB ONLY
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut expenses if it’s going to weather the recession. That’s the conclusion of analysts at Moody’s and Standard and Poor’s, which have issued negative outlooks for Allison, the top commercial truck-transmission supplier. “The downgrades reflect our concern […]
EYE ON THE PIE-WEB ONLY
A frequent reader of these columns protests my persistent attention to Indiana’s long-term economic problems. He wants to hear about my recommended solutions. His will be done in Crothersville and Chesterton, as in Portland and Princeton. To start, I confess my faith in infrastructure. Build Interstate 69. Convert interstates to toll roads. Upgrade water and […]
Things aren’t as bad as we think
Difficult economic conditions have been faced before and we have both the tools and will to overcome our problems.
Economy trumps fears of inflation-for now-WEB ONLY
Inflation nearly disappeared in January for the first time in 50 years, with only a slight rise in the Consumer Price Index saving the country from deflation. Rising prices are hardly a concern now, as the depressed auto and real estate sectors can attest. But economists fear inflation might pose a threat as early as […]
Cultural institutions fear bear-market toll-WEB ONLY
Cost-cutting and layoffs at the city’s museums and full-time orchestra haven’t brought many visible changes so far. The scenario could darken considerably in 2010, 2011 and 2012, as cultural institutions fully account for devastating investment losses in their endowments-a key source of income. “It’s a bigger problem than what most people think,” said Andy Bawel, […]
Stage designer sets the scene-WEB ONLY
With one hand, Rob Koharchik refills his tall coffee cup with liquid energy. With the other, he cradles rolled-up floor plans like a football. He quickly climbs several flights of dark concrete steps to reach a small stage, where a worker on a lift is filling a jury-rigged bucket with fake flower petals. In less […]
MARCUS: Things aren’t as bad as we think-WEB ONLY
The jokesters in the Indiana General Assembly once again have shown their incredible ability to play the fools. True, it only takes a committee to commit laughable acts beyond the dreams of circus clowns. The entire Legislature need not be involved. This time, a selection of our representatives rejected efforts to rid the state of […]
ChaCha’s future
Popular search engine company ChaCha Search said yesterday that it had raised another round of funding — and laid off 25 workers.
So, the economy is taking a toll on ChaCha revenue even while investors continue to believe the…
Meet the superheroes of the legal profession-WEB ONLY
The trio of attorneys who practice in the local office of Barnes & Thornburg LLP’s life sciences group is a self-deprecating, peculiar bunch. Not only are the three the punch line of an occasional lawyer joke, but they’re also the target of lighthearted ribbing about their scholarly credentials. “We’re the geeky group,” patent attorney Kevin […]
Indiana’s wage gap is growing
Indiana leaders need to focus on the increasing gap between the average wage in Indiana and in the nation.
These stories might cheer you up
This week I’m going to be
your own, personal Pollyanna and try to cheer you up with some good news.Truly Green Energy-WEB ONLY
The coffee pot was broken at Stellarwind BioEnergy. It was probably just as well, since most of the liquid percolating at its home-in the former Hoosier Orchid Co.-is green and algae-ridden. It’s in water-cooler jugs and 64-ounce Coke bottles backlit by fluorescent tubes, back in the lab. But the main act at Stellarwind is “the […]
MARCUS: Indiana’s wage gap is growing-WEB ONLY
Today, with our national economic crisis, it is easy to focus on getting jobs. Under such dire conditions as those facing some workers, homeowners and retirees, we can forget that getting back to where we were before all this economic distress may not be an appropriate goal. Imagine with me that Hershel Hoosier was born […]
IU journalism school’s enrollment spike bucks slump-WEB ONLY
At a time when the field of journalism is shedding thousands of jobs, Indiana University’s journalism department is seeing record growth. The growth is so strong, IU officials said the journalism school will have to abandon its home of the last 65 years for a facility twice its size. What appears to be an anomaly […]
Brainiacs-WEB ONLY
The trio of attorneys who practice in the local office of Barnes & Thornburg LLP’s life sciences group is a self-deprecating, peculiar bunch. Not only are the three the punch line of an occasional lawyer joke, but they’re also the target of lighthearted ribbing about their scholarly credentials. “We’re the geeky group,” patent attorney Kevin […]
Health IT stimulus may not be enough, study says-WEB ONLY
Billions of stimulus dollars meant to spur doctors to switch to electronic record-keeping may not be enough to do the job, a private consulting firm said yesterday. The stimulus bill that President Barack Obama signed last month contained $19 billion for health information technology, including $17 billion for incentives and penalties to encourage doctors and […]
Feelings may contradict economic facts
How we feel individually about the economy is often at odds with how the economy is performing.
Medical records bonanza?-WEB ONLY
Grab a partner and dance. Fast. The stimulus bill passed last month essentially sets a five-year time line for doctors to start using electronic medical records and for states to figure out how to exchange those records from doctor to doctor. That has prompted Indiana businesses and not-for-profits that deal in medical records to look […]
EYE ON THE PIE: Feelings may contradict economic facts-WEB ONLY
In this space last week, I wrote that the Great Depression ended in 1937. Several readers reminded me that for those who lived through it, the Great Depression did not feel over until much later. For some, hardship and denial did not end until well after World War II. Others failed to see significant improvement […]