...of course, for me, this just means higher property tax. The Portland Cement Association finds South Dakota is one of five states where the housing market will rebound fastest. Rebound? From what? PCA says our housing prices still increased 0.5%…
Posts tagged as “economy”
"Labor union" is a dirty phrase in South Dakota. We tout our status as a "right-to-work" state, which translates into more power for management, not labor. Our attorney general is eagerly preparing to defend the union-weakening constitutional amendment the voters…
In ruling out tax increases as a remedy for our state budget deficit, Governor Dennis Daugaard has said that a recession is the worst time for raising taxes. I would agree that a recession makes it harder for workers and…
Father Tim sighs with dismay at the shrug his local state senators offer to his suggestion that South Dakota should rein in the excessive interest charged by our payday lenders and other financial institutions: Only Sen. Shantel Krebs attempted to…
The economic recession (which ended 19 months ago) coincided with a democratic recession. No, not the Dems' beating in the 2010 elections; we're talking small-d democracy. The Economist Intelligence Unit has issued its Democracy Index 2010, a report glumly subtitled…
Basin Electric's proposed NextGen plant near Selby wasn't the only coal-fired electrical generating station to get the red light in 2010. For the second year in a row, no one in the United States started building a new coal-fired power…
That darned Madison Daily Leader beat me to the local unemployment numbers for November! According to the South Dakota Department of Labor, Lake County saw unemployment rise in the run-up to the holidays, from 4.6% in October to 5.0% in…
The Bureau of Economic Analysis just released its report on county compensation by industry for 2009. Average compensation per job increased 1.2%, to just about $57,000. Unfortunately, fewer people had jobs, so the total amount of compensation went down 3.2%.…