The latest Gallup Economic Confidence Index (ECI) numbers for Delaware are stark.   Every week Gallup conducts a nationwide survey of consumers. The ECI is based on two questions: the first asking consumers to rate their perceptions of current economic conditions as "excellent," "good," "only fair," or "poor," and the second asking them whether economic conditions in the country are "getting better" or "getting worse." The final ECI is an average of the percentage of consumer

The Supreme Court ruled that law enforcement can routinely obtain your DNA as if it were fingerprints. Are you aware that fingerprints are required of all doctors in Delaware and all board members of any organization that has a liquor license and a host of other vocations? Are you aware that your DNA can accurately predict your risks of many diseases, especially some very common cancers? Your DNA can be sequenced in a matter of minutes and more information about your future c

I want to point out an article by Elisabeth Rosenthal  in the New York Times "The $2.7 trillion Medical Bill" ( http://nyti.ms/13bPXcm ) which many people have been asking me questions about. While almost everything said is true, it is neither the whole truth nor the overarching truth.      When you disconnect cost from service, two things happen: First, fees escalate, and second, consumption escalates.  The increased fees and increased volume distort the laws of supply and d

Fridays data release by the U.S. Bureau of Labor Statistics shows Delawares unemployment rate dropping from 9.0% in April to 8.8% in May. This is the second month the First States unemployment rate has declined since hitting the recession peak of 9.2%.

Delaware was awarded $1.463 billion under the American Recovery and Reinvestment Act. After a year, almost 22% of the three-year stimulus money has been spent. The impact on Delawares economy has been and will remain minimal. The primary purpose of this Act is to maintain government at the expense of the remainder of the economy.

Products made in the EVRAZ Claymont, Delaware, steel mill are less profitable than two other manufacturing facilities in Portland, Oregon, and Regina, Saskatchewan.    As prices and volume slipped from foreign competition, it was an obvious choice to close the Claymont facility. We estimate the net effect of high electric rates and high corporate tax rates add almost 4% to steel plant operating costs in Delaware. That is three-quarters of EVRAZ’s 5.3% before tax earnings in 2

Ohio Gov. John Kasich made good on a major campaign promise by killing the states death tax and eliminating an $8 Billion deficit in the lastest fiscal budget.

Highly skilled immigrants to the United States (“HSIs”) have helped catalyze American economic growth and advances in human welfare by generating knowledge and innovations that have spawned new products, services, systems, jobs, and wealth. A number of studies document that HSIs are disproportionately innovative. Similarly, HSIs are more likely to start and grow companies, which are a vital source of new jobs. Unfortunately, current U.S. policy regarding HSIs—mostly relating

Here is the actual Brief filed with the Courts.

The Joint Finance Committee (JFC) of the Delaware legislature has proposed a 1% hike in the salaries of all state employees…including public education, colleges and universities, and retiree pensions. The estimated $21 million addition to the FY 2013 expenditures (July 1, 2012 to June 30, 2013) flies in the face of the state’s fiscal realities. For the current FY 2012 ending in June, state expenditures will have risen 10.4% over FY 2011. State revenue, however, is projected t