Center for Analysis of Delaware's Economy & Government Spending


Center for Analysis of Delaware's Economy & Government Spending

 
Delaware state governmental policies have been an unfortunate catalyst for the decline of Delaware’s economy for far too long. For instance…
 
  • Over the past 10 years, both the Delaware per capita income and average wage have gone from above the national average to below.
 
  • According to the Delaware Department of Labor, employment is projected to grow at only 0.6%. 
 
  • Since 2009, Delaware has had five recessions compared to one in the nation.
 
  • By opposing choice in public education, the State government reinforces a system where two-thirds of Delaware students are not proficient in reading and math.  In addition to the ramifications for Delaware’s students and their future employability, as has been widely reported, one of the other most evident outcomes is the number of professionals with school-age children who work in Delaware but choose to reside out of state.
 
  • Misguided environmental policies have driven industrial electric rates well above neighboring states’ rates, creating the documented exodus of manufacturing jobs to other states and an impediment to developing new, well-paying manufacturing jobs. 
 
Utilizing publicly available data, voluminous research from respected academic institutions, and federal and state resources, CRI is the only non-profit entity in Delaware that is objectively identifying the regressive outcomes of certain state policies and disseminating those damaging ramifications to not only county and state legislators but also the public.
 
In partnership with other like-minded organizations, the primary goals of this Center are to develop strategies and alternative policy options that will bring transparency - and changes - to the State’s $9 billion budget process while objectively advocating for regulatory reform.
 
Co-Director Charlie Copeland has an MBA from Duke University with a focus in Finance and spent over 25 years growing a marketing services business that achieved several global awards for operational excellence.  He also spent six years in the Delaware State Senate, serving his last two years as the Senate Minority Leader.  Charlie, who focused much of his Senate career on education reform and government accountability, remains a sought-after speaker on issues related to governmental accountability.
 

The Fraser Institute has just released its 2018 economic freedom rankings for the states in the U.S. and Delaware remains ranked a low 39th. Delaware ranked as high as 10th among the states in economic freedom in 2002 and fell precipitously in the rankings following the 2007-08 recession.   ...

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In a recent opinion piece Ted Kaufman, relying upon data from the liberal Economic Policy Institute, argued that weak wages require policies that would restore unions and raise the minimum wage. I would favor the policies that encourage economic growth.   The Obama-Biden approach to macro...

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CRI believes that the first substantive step in approaching any public policy issue is gathering unbiased data. Data, while never perfect, moves away from rhetoric and anecdotes. Data tells us where we are so that we can measure future success or failure.   The Delaware Department of Publ...

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Executive Summary   Why do we care about a growing economy?  The basic answer is faster growing economies lead to higher incomes making everyone a little richer, especially reducing poverty rates and unemployment rates.  The Delaware economy actually fell a half percent a year...

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The 2018 ranking of states by fiscal condition has been issued by the Mercatus Center. The analysis is based upon FY16 financial reports.   Delaware ranks 44th among the states for fiscal health.   Delaware has between 1.34 and 1.98 times the cash needed to cover short-term obl...

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This article was originally published at delawareonline.com on June 4,2015 and in The News Journal the next day. As former chair of DEFAC (the Delaware Economic and Financial Advisory Council 1977-85), I read with interest and enthusiasm the May 2015 report of the DEFAC Advisory Council on Revenu...

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This article was originally published at delawareonline.com on May 29 in The News Journal on May 30   The recent DEFAC Advisory Council on Revenue recommends an increase in the state's Gross Receipts Tax rate. This is a gross mistake for three reasons.   First, if you tax s...

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General Electric may be looking for a new home for its corporate headquarters in response to a whopping $150 million Connecticut state tax increase.  The company already moved once as a tax refugee from New York City to its current Fairfield, Connecticut location.  Delaware could get on th...

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Amazon recently announced the addition of 500 jobs at its Fulfillment (distribution) Center in Middletown, bringing the total of year round jobs at the site to 2,500. Is this commitment amazing?   On a macro level it is not. Over the past five years Amazon has been one of the fast growing...

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There are many factors a business chooses when deciding where to locate or to relocate: tax rates, quality of life, quality of education system, government regulatory burden, and now for manufacturing businesses, whether a state has a Right to Work (RTW) law or not.   Proving that RTW is ...

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