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 recovery of employment since the 2008 crisis has been unusually slow. The unemployment rate has at last dropped below 7 percent because many have left the labor force. Total employment is still below its 2007 level. Persistent unemployment can be due to structural causes. For example, contr...

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As governments in Delaware and throughout the Northeast and Midwest struggles with writing checks that they now are unable to cash, perhaps it is time to consider a Taxpayer’s Bill of Rights (TABOR). Colorado was the first state to introduce a TABOR in 1992. The provision, approved by voter...

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The state of Delaware gross receipt tax is levied against total business income, regardless of whether a firm makes a profit or not. Following the onset of the recent recession, one of the state’s answers to falling revenues was to twice raise the gross receipt tax. First, an increase of 25% i...

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In August of 2009 Delaware raised its cigarette tax from $1.15 to $1.60 per pack of 20 smokes. The consequences were predictable.   State revenue from the cigarette tax fell between 2009 and 2012. In part this was due to the higher price discouraging smoking. In addition, however, Delawares ...

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The Delaware Public Employees’ Retirement System is what you have dreamed about but are unlikely to ever enjoy. DPERS is a “defined benefit plan” which means that participants’ retirement benefits are paid out “regardless of market events.” State government r...

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Again and again and again politicians have to learn that raising taxes above a reasonable level results in less tax revenue by encouraging tax avoidance. The current tax rate of 35% on the repatriated income of the foreign operations of U.S. firms, the highest rate in the developed world, is a class...

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It was very helpful to receive the comments in the News Journal of Delaware OMB director, Ann S. Visalli, regarding the unfunded retiree benefits of government employees. My response follows.   First, Ms. Visalli is correct that the state’s pension fund is 94% funded. The data that the ...

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As documented by the Caesar Rodney Institute using U.S. Department of Justice data on convictions of state and local public officials, corruption is a growing problem in Delaware. The historical and research evidence is clear that corruption undermines economic growth. The Governor through an execut...

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The Delaware Economic and Financial Advisory Committee (DEFAC) met on September 19th and the news isn’t encouraging.   Less than three months into the new fiscal year, the state is running an operating balance deficit of $355 million and an unencumbered cash balance of $32 million. In ...

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Under Governor Markell the Delaware Economic Development Strategic Fund has gone wild. Annual loans and grants from the Fund are up almost three fold. Why the flurry of activity? Will it pay off?   The reason for the flurry of activity is straightforward. Delaware currently has a 67,000 job g...

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