Dear Governor Carney,
One of the true joys of visiting the ocean is the chance to stare out on a crystal clear day and let the mind wander to the mysteries that lie over the horizon, and to enjoy the pure beauty. It is rejuvenating. Have you ever watched with wonder as the moon rises over the ocean? Politicians in Washington and Maryland have decided to take that view away on Delaware beaches, and to fill the night sky with red flashing aircraft warning lights1. In a few years the world’s largest industrial wind turbines will fill the horizon from Rehoboth Beach to Fenwick Island at six times the height of typical cell phone towers.
Industrial size wind power is running into opposition BY: David T. Stevenson, Director, CRI Center for Energy Competitiveness DATE : 8/21/2019 (photo credit: europa.eu) Utility scale wind power projects are facing a number of obstacles. The extreme cases are in European countries that have been leaders in such projects, but resistance is also grow...[read more]
RELEASE: CRI - Center for Economic Policy and Analysis RE: More trouble ahead for State employees DATE: 6/7/19 According to the Boomershine Consulting Group the long bull market has failed to fix public pensions. The simple truth is that the sums owed to retirees are accelerating faster than assets on hand to pay those future obligations. Liabilities of major U.S. public pensions are up 64% since 2007 while assets are up 30%. Return on pension fund assets were slowed by the "dot.com" bust in 2001 and went South following the 2007-08 recession. Meanwhile, due to the accelerating retirement of the Baby-boomers and longer lifespans, the pool of p...[read more]
Dear Editor: Contrary to the rhetoric coming out of Dover, Delaware’s economy is doing poorly. And the political establishment has little stomach for meaningful change. THE ECONOMY’S PERFORMANCE EMPLOYMENT: The current annual growth rate of private employment in Delaware is 0.6%, about half the nation’s rate. And 0.6% is the jobs growth rate projected by the Delaware Department of Labor through 2026 and 0.2% is the jobs growth rate projected by the Delaware Population Consortium. The bulk of the jobs being added in Delaware are in industries with lower wages and limited benefits, including restaurants, temporary help, janitorial serv...[read more]
RELEASE: CRI - Center for Economic Policy and Analysis RE: Eliminate the health care CON in Delaware DATE: 5/16/19 In 1974, Congress passed the National Health Planning and Resources Development Act, which made certain Federal funding conditional upon states implementation of Certificate of Need (CON) laws. These laws require those who wish to open new healthcare facilities, expand existing facilities, or even purchase new equipment to obtain state regulator permission. The Delaware Health Resources Board, part of the Delaware Health Care Commission, has responsibility for the CON public review process in the First State. ...[read more]