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.
 
Center Co-Director Dr. John Stapleford has over 40 years of experience in applied regional economics.  He established the University of Delaware’s Bureau of Economic Research and the Delaware Small Business Development Center.  Dr. Stapleford has served as a senior economist and associate director for Moody’s Analytics and has executed contracts with most federal and Delaware state agencies.
 
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 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...

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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...

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This piece from the website of Hillsdale College is a clear statement of what is wrong with the U.S. and DE economies!

As 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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The court decision giving victory to the citizens of Delaware over the power hungry bureaucrats at DnRec
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The DuPont Co just received a state grant for $920,000 for a prototype organic LED plant at Stine-Haskell Research Center in Newark. The money couldn’t come at a better time.   DuPont just announced a 20% increase in sales in 2011 for a total of $38 billion. But all is not coming up ros...

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Senate Bill 205 proposes to confine rent increases to homeowners in manufactured home communities to no more than the increase in the Consumer Price Index for the preceding year. Based upon years of research and experience it is clear what this Bill will achieve. Current owners of manufactured ho...

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The 2010 ranking of 610 four year degree granting institutions of higher education from Forbes and the Center for College Affordability and Productivity is out. How did the University of Delaware fare? The Forbes rankings of “America’s Best Colleges” are based upon output measur...

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Producing business climate rankings of states has become a cottage industry. There are now at least 11 such rankings published by credible organizations. Delaware ranks between 2 and 42 across the various rankings. So, do these rankings provide any useful information to encourage economic growth in ...

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Over the past 10 fiscal years the Delaware Economic Development Office’s Delaware Strategic Fund has awarded over $201 million to firms and organizations in Delaware. Over $126 million of the awards have been outright grants, while $38 million has been in the form of loans, almost $34 million ...

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