Indiana Ice honors Schupay’s dedication to team
Afater the sudden death of Michael Schupay, the respected and dedicated Ice team president, the Indiana hockey team is striving
to honor his memory.
Afater the sudden death of Michael Schupay, the respected and dedicated Ice team president, the Indiana hockey team is striving
to honor his memory.
Without good data, public and private decisions will be hampered in the next decade.
Through the efforts of The Indianapolis Zoo, the animal conservation world lasers in on Indianapolis every two years —
presenting
our community an opportunity to recognize and learn from a hero in science and conservation.
With a growing labor market in Indiana, it would seem this recession, thus far, is an economic shock that may be of shorter
duration and severity than the 1982 decline.
While America’s auto industry is being transformed to become efficient and environmentally conscious, put laid off auto employees
to work educating students.
Consumers use online shopping carts for items that they’re considering buying, not intent on buying.
Okay, now that we’ve groggily made it through a pair of midnight screenings of Hollywood popcorn flicks (“Quantum of Solace” and “Twilight”), let’s change the pace a little with a serious Oscar contender…at a reasonable hour.
“Slumdog Millionaire” has not only earned rave reviews,…
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and
economic development officials, since they would not have the data that helps them see how their market differs from the state
and the nation.
One of the most secretive companies in town has made its first public announcement in a long time.
Harlan Sprague Dawley, which is best known for supplying custom-designed laboratory rats for research, has
reorganized its various units under a…
Indiana’s economic woes are long standing and may be having an adverse effect on the health of our people,
because Hoosiers can’t consistently gain access to excellent health care.
In 2008, a Hoosier economist suggests consumers first pay off their debts, then invest in a liberal education and other causes
that enrich lives.
I apologize for filling a column with numbers. But there is no other way of depicting the unemployment situation in Indiana. As we have learned in the current financial crisis, lack of knowledge is the root of calamity. In August, the latest date for which we have information, Indiana’s unemployment rate was 6.4 percent, compared with 4.5 percent a year earlier. Nationally, the unemployment rate had gone from 4.7 percent in August 2007 to 6.1 percent this year. This stronger…
I was uncomfortably challenged when Faye of the Forest landed on my deck a few days ago wanting to know what all these economic goings-on meant. “I’m responsible for teaching the elves,” she said, “and I don’t know what to tell them.” “I don’t know what to tell you,” I said. “But here’s what seems to me has happened.” “Some people,” I said, “are unable to make the payments on their mortgages. These mortgages are not held by the banks…
Critics are chirping like cicadas and basically singing the same song. One, get rid of Lynch, the sooner the better. And two, spend money, lots of it, on a “big-name” coach. If only it were as simple as the knee-jerks would have you believe. Perhaps they have forgotten, but Indiana has a lame-duck athletic director, Rick Greenspan, who won’t clean out his Assembly Hall office until Dec. 31. A search committee is vetting applicants. I’m told there are exceptional candidates…
“Geez Morton, lighten up,” was one of the e-mails that came in this week. I find it difficult to do that while our state and national economies are under such stress. Another correspondent wanted an answer to that persistent question, “Are we better off than we were a year ago? Four years ago?” Here is a small part of that answer: At this writing, there are 5.5 million more jobs in the country than four years ago, an increase averaging…
As these words are written, we do not know what Congress will decide to do about the mortgage mess. But it is clear folks are angry about the inequity of rescuing borrowers, lenders or traders with funding from the pockets of the innocent. Among the “villains” are home buyers who took on mortgages they could not afford. Also marked for sanctions are over-eager lenders, highly paid executives, and those who dealt in “innovative” financial products linked to mortgages. Those who…
What we don’t know does hurt us. Many builders constructed houses assuming there was a continuing strong market of qualified home buyers. Some mortgage brokers and some bankers gleefully ignored or misrepresented the abilities of home buyers to sustain homeownership. Too many home buyers did not bother to learn what their obligations as homeowners would be. They didn’t know about paying property taxes or how adjustable mortgage rates could escalate beyond their capabilities to meet their monthly payments. The companies…
It seemed like a good, simple idea at the time to focus this column on how Indiana taxes compare with those of other states. But that turns out to be more of a job than you might think. For example, which year do we use? The most recent year available from the U.S. Bureau of the Census is 2005-06. But that year won’t work because 12 percent of Indiana’s revenue came from its state highways in 2005-06. Remember, we leased…
Few Midwestern university cities have prospered as much as Bloomington in the past couple of decades, a recent Federal Reserve Bank of Chicago study shows. When it comes to growth in per-capital personal income, Bloomington has been surpassed only by Minneapolis, home to the University of Minnesota, and Ames, Iowa, where Iowa State University is […]
I enjoy the propaganda of government agencies pleading the causes of special interests. This is the opening sentence of our state profile prepared by the U.S. Small Business Administration’s Office of Advocacy: “Small businesses are the heart of Indiana’s economy.” Frequently, we hear that farming is the beating heart of our economy. Others claim the thumping sound we hear is that of manufacturing. Teachers tell us the economy is only as steady as its educational footing. Steel has a claim…