The leading edge of the baby boomers hits age 65 this year and will contribute to a surge in Delawares senior population over the coming decade. The Delaware Population Consortium projects a 10% increase in the states population from 2010 to 2020 while the senior population jumps 41%. This surge in ...
Read MoreThe state will award $2.4 million and local officials will provide a ten year property tax break for Johnson Controls to build a second manufacturing and distribution facility in Middletown, Delaware. Is this simply corporate welfare? Well, yes and no. On one hand, giving handouts to Johnso...
Read MoreIn March of this year, Caesar Rodney Institute’s Center for Economic Policy and Analysis released a technical study of the methodology behind Delaware’s prevailing wage system. With regard to the prevailing wage (PW) the study documented that: a) the methodology used by the Department of...
Read MoreThe mantra of President Obama is to raise taxes on the rich rather than cut the size of government. In Delaware, the governor, supported by the legislature, has already done this. Effective January 1, 2010 the top marginal tax rate applied to personal income of $60,000 or more was raised from almost...
Read MoreIn a May 2012 report the Institute for Justice ranked all the states with regards to barriers to entry to low- and moderate-income occupations. Delaware had the 42nd most burdensome licensing laws and was the 25th most extensively and onerously licensed state. The report documents the l...
Read MoreAcross a variety of measures, Delawares labor market is hurting. First, the states official unemployment rate is 7.2%, double the historic average of 3.5%. This means 32,000 persons have actively looked for a job in the past four weeks without success. Five years ago this group totaled 15,000 Delawa...
Read MoreNo other organization in Delaware does what we do at the Caesar Rodney Institute: provide in-depth, non-partisan analyses of public policy issues and advocate in Dover for better policies_OLD related to economics, the state budget, energy issues and education policy. Every day CRI makes a difference...
Read MoreAre union rates over represented in determining Delaware’s prevailing wage rates? Is there alternative Federal data that would more accurately represent construction-market wage rates in Delaware? Would this save the Delaware Department of Labor (DDoL) the expense of compiling and generating a...
Read MoreWhen a state taxes something there will be less of it and when it rewards something there will be more of it. Delaware’s tax structure heavily taxes those who are most likely to create sustainable economic growth and new jobs, but rewards businesses like Fisker Automotive who receive generous ...
Read MoreWhat do the numbers on Delaware’s production tell us about the effectiveness of the state’s economic policies_OLD? Delaware’s economic growth rate, as measured by growth in gross state product (GSP) in chained 2009 dollars, has lagged behind the natio...
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