Center for Analysis of Delaware's Economy & Government Spending


Center for Analysis of Delaware's Economy & Government Spending

 
The Center's mission is critically important to Delaware because state policies continue to be an unfortunate catalyst for the clear decline of Delaware’s economy for far too long. For instance…
 
  • Over the past 20 years, Delaware’s per capita income has gone from the highest in the nation to below the national average.
 
  • According to the Delaware Department of Labor, employment is projected to grow at only 0.5% over the next decade, thereby trailing most of the nation.
 
  • Since 2009, Delaware has had five recessions compared to one in the rest of the country.
 
  • Including the variable Gross Receipts Tax, small business owners in Delaware often pay the highest personal income tax rates in America. 
 
In partnership with other like-minded Delaware organizations, the primary goals of this Center are to develop bi-partisan strategies and alternative policy options that will bring transparencyregulatory reform, and improved effectiveness to the tens of billions of dollars spent by the State every year.
 

Delaware, like the nation, has experimented with two approaches to governance. Governor Pete DuPont believed that lower taxes and deregulation encouraged entrepreneurship and hard work. Governors Markell and Carney believe that government spending and regulations hold the key to a fair and prosper...

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As of this date there have been officially 290 COVID related deaths in Delaware out of a population of 982,000. This is a death rate of three one-hundred of one percent (.03%). There have been 7,870 confirmed COVID cases for an incidence rate of eight-tenth of one percent (.8%). The state gov...

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Officially, according to the U.S. Bureau of Labor Statistics (BLS), unemployment is the percent of the labor force that is actively looking for employment and cannot find it.   To be eligible for unemployment insuran...

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What will be the impact of the Covid-19 virus on Delaware's economy?   There are two extreme views among economists regarding the U.S. economy. The first view anticipates a substantial recession similar to 2008-09. The second expects a severe dip in the second quarter of 2020 with a...

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According to the Wall Street Journal, Republican Ron DeSantis owes his gubernatorial victory in Florida to the support of about 100,000 African American women who were advocates for school choice. Of the roughly 650,000 black women who voted in the Florida election, 18% chose Mr. DeSantis. Could thi...

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If the objective of Delaware’s economic development efforts is jobs, the available data may provide a logic for allocating development resources.   Over any particular year, the net change in employment comes from business start-up and expansion minus business closures and contrac...

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Delaware is one of just five states that levies a gross receipts tax (GRT). A GRT is an excise tax on the gross revenues of a company regardless of whether that company has profits or losses.   Public finance economists view the GRT as inefficient and unsound. It double or triple taxes bu...

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According to the leading index calculated by the Philadelphia Federal Reserve Bank, Delaware can expect a contraction in the state’s economy in the second quarter of 2020. Is there any reason for concern?   Each month the Phila Fed estimates leading indexes for all the states and th...

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It took New Castle County (NCC) until 2015 for employment to return to the high water mark hit in 2007. Since 2015 the NCC employment has only inched forward at 0.6% per annum. And the Delaware Department of Labor projects this modest growth rate to continue through 2026.   To his credit ...

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State Senator Darius Brown has proposed additional minimum wage increases on top of the increase from the last legislative session. These proposed increases are substantial, raising the Delaware minimum wage from $9.25 to $11.00 in 2020 and then adding $1.00 every year after until a $15.00 minimum w...

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