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," &q...
Read MoreThe most recent data from the Tax Foundation shows that Delaware is driving out wealthy residents by raising its state and local tax burden. Every year the Tax Foundation calculates each state-local tax burden as a percentage of the state’s per capita income. Since 2001 Delaware&rsquo...
Read MoreAs evidenced by recently released data from the U.S. Department of Labor, Delaware is part of a nationwide carelessness in the administration of unemployment insurance benefits. Over the past twelve months Delaware has made an estimated overpayment of unemployment benefits of more then $12 ...
Read MoreIt 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 ...
Read MoreAs 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...
Read MoreThe latest report from the nonprofit State Budget Solutions (SBS) estimates Delaware’s outstanding debt to be $14.4 billion. This is four times the state’s current general operating budget of $3.6 billion. &n...
Read MoreThe court decision giving victory to the citizens of Delaware over the power hungry bureaucrats at DnRec
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When I was a kid, my favorite Superman comics featured Bizzaro World, a place where everything was topsy-turvy and kryptonite was good for you. Today, you can find a real-life congressional version of Bizzaro World at the House Agriculture Committee, a place where deficit spending is rarely crit...
Read MoreUnder 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...
Read MoreAs shown in the chart below, a picture is often worth a thousand words. Since the year 2000, Federal debt has increased almost 200%, going from 57% of GDP to 105% of GDP (we now beat out Sudan!). Simultaneously, GDP rose just 60% and total private sector jobs fell. Do we really need more F...
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