The City of Dover decided to take a wrecking ball to its economic development department in spite of 5 years of work that has brought hundreds of millions in new private investment, filled empty box stores, changed the Garrison Track into the Garrison Technology Park. We finally began to address workforce development, gained needed investment to implement a downtown strategy through Restoring Central Dover and the Downtown Development District and began business training reaching all segments of the community through the Ice House project. We now have a committee charting strategy. While it was a mistake that got us here, it is an opportunity to get us to a consensus that could prove very beneficial to our city. The Mayor is the chair of the Economic Development Committee (thanks to my motion) and has already made some positive moves including the addition of our best expert with Read more
All was going great at the budget hearings until a series of motions by Tim Slavin. If we can't stop this train before the budget passes, it will abolish the economic development department which will risk jobs, business training and money invested here. Business people are using terms like crazy to describe this move. Downtown Merchants used the word trepidation. I say that it is temporary insanity. We have been the most successful that we have been in decades downtown, at the Garrison Technical Park and beating national trends. Now that things are working, let's change. Let's not change with forethought and structure, let's change and form a committee to figure out how to put together the pieces we are about to break. Call now or put our economy at risk. People are complaining but not all to the right people. The other councilmen have avoided recent business gatherings. Read more
Today at the Central Delaware Chamber of Commerce Legislative Luncheon, Governor Markell gave his final report as Governor to the group. He touted several successes, some of which were rebutted by Senator Bonini such as wage growth after 5 years of decline. The growth percentage looks faster because the income base shrank for 5 years, Bonini said. One success was saving jobs after the merger with a new research tax incentive bill. The bill passed yesterday. Associate Press Reporter Randal Chase summarized the story this way. The bill eliminates a $5 million aggregate cap on research and development tax credits and makes the credits refundable. It also restores a never-used new jobs tax credit and expands it to include jobs retained after a corporate restructuring. Dow and DuPont already have said that the headquarters of stand-alone agricultural and specialty products businesses Read more
TPA Fast Track Authority could be Trojan Horse for Open Borders Dick Morris exposes how Congress would be foolish to give up its authority to make amendments and give up its proper role of supervision of trade. Now buried in the Trans Pacific Partnership is climate change and open borders. It may be a stealth EU. Some Republicans have been quick and even shrill to denounce as amnesty anything that addresses the problem of the 11 million immigrants here without proper papers. Here is something worse than amnesty. It is open borders. They had better wake up on this one. Republican leaders are blindly and inexplicably pushing Fast Track in spite of the fact the last 8 years have demonstrated that many responsible trade pacts can be passed without it. In fact, you have a broader and more responsible consensus when the President knows that Congress has there as an equal partner. Reagan Read more
The Dover Post had an article that showed how many major vacancies are being filled in Dover. Not only is Downtown in the midst of major revitalization (We gave final passage to new incentives Monday, but how successful our efforts are to reclaim "empty big boxes". The article highlighted some of the challenges, but save one, everyone covered was either opening, filed a site plan, or was under contract. It sited the incentives that we passed when I came on board Council. I expect to see the same with downtown because we have a comprehensive approach of security, economic business incentives, controlling taxes and fees, residential aid, and youth outreach. We built our plan from the wishes of the people. It took more than a year to survey, hold meetings, have focus groups, and seek community leader involvement, but the results have been solid. The people know what is needed better Read more
The Dover Prospers Initiative from the Desk of Councilman David L. Anderson, Dover, DE I am pleased to announce that I am taking part in major initiatives to make Dover even more jobs friendly. Here is a quick summary of the initiatives, one stop shopping, a citizen sunset committee, new economic incentives for the Downtown to put into law the work done by our staff. I have long advocated One Stop Shopping to make it easy for to open a business in Dover. Every form that you need is in one packet and you can turn it in one place and we route it to the right department instead of you running around all day. Microbusinesses are the largest economic boom that we have. It is where the growth is most dependable and profitable. Sure we love adding hundreds of jobs at Energizer, which we are. We love Kraft adding jobs. We love having hundreds of millions in Calpine Construction or Uzin Utz and Read more
Delaware's unemployment rate has been going up even as the national numbers have been falling the last few months. The latest U. S. jobs numbers are encouraging, but it is still noteworthy that we still have not recovered the income or jobs that we lost in spite of massive stimulus from both the fiscal and monetary side. The U-6 which measures the real employment situation of full time workers shows 11.8% unemployment rate. A large number of workers are working part time or temporarily when they want full time work. Women have been negatively impacted. The labor participation rate of white women is still dropping and is at its lowest point in years. The unemployment rate for black women has been at 11% until this last month when it dropped to 9.6%, but unemployment for black men went up over 11% leaving the black unemployment rate close to 11%. Nearly 19% of white youth are unemployed Read more
The unemployment rate in Delaware has remained frozen at a level higher than when our ruling Democratic party took sole control of the state government. Even more disturbing, Delaware is losing ground against the nation (now predominately led by Republican Governors). Delaware no longer enjoys a rate lower than the nation. Of course the official rates are an understatement; the real national unemployment rate is 8.8% (U-5) and the underemployment rate or U-6 which is the broadest measure of unemployment is 14%. Delaware does not fare well by that measure either at 14.1%. In fact Delaware and Connecticut are the only two states that did not see an improvement in any of the 6 measures of unemployment year over year from July 1, 2012 to June 30, 2013. The average weekly wage downstate is only 75% of the national average. It is not that we do not have bright and energetic leadership Read more
Amnesty Driven by Voodoo Economics By Jonathon Moseley Voices calling for amnesty do not really understand economics or free enterprise. They offer garbled misconceptions -- with graphs. But they would be kicked out of the economics courses I took in business school. The pro-amnesty camp argues from "voodoo economics." Amnesty will grow the economy, they argue. Well, if there are more people, technically the economy will be bigger. But each person may be poorer. A growing economy is only 'better' if the economy grows faster than the population increases. Otherwise, each individual is worse off among a larger crowd. Gross Domestic Product (GDP) measures total activity -- not household income for each individual family. Amnesty will create a worse economy for everyone, even if total GDP is larger. (Actually, amnesty just transfers workers from Mexico to the U.S.A., so there Read more
The new unemployment numbers have been published. Delaware is stagnant with 7.1% unemployment. State of Delaware’s officials take comfort from the fact that we are lower than the national average of 7.3%. The problem is that while the national rate is ever so slowly declining, ours is not moving. I have some areas which I believe are holding us back inspite of some positive initiatives from state officials. First, I would like to hear from you. Let’s have an open forum on the economy. (Actually my article disappeared and I don’t have time to retype it). I think there are 7 areas that we are lagging in. Infrastructure, utility rates, less competitive corporate rates, ineffective education strategy, inefficient land use, we are too tied to best practices and not next practices, and we need to better leverage our higher education institutions. Your thoughts?
In one of my stump speeches, I often remarked that we need to improve the economy because the college educated people are taking the high school educated's jobs and they are taking the dropout's jobs, who are taking the youth's jobs which is creating 40% and more youth unemployment. Young people are not learning the soft skills from those valuable first jobs, while the families of others are struggling to survive. This problem is creating long term social disruption. This is one of the reasons for my focus on inclusive economic development. Now Newsmax has an interesting article giving statistical credence to my assertion. Nearly half of employed college graduates in the United States hold down jobs that don’t require a four-year college education — including 323,200 waiters and waitresses, 115,520 janitors and cleaners, and 83,028 bartenders. A new report from the nonprofit Read more
UPDATE: House Passed with an amendment on a 40 to 0 vote. SB 3 w/SA 2, Senator Marshall's bill to provide an extra step of General Assembly approval before the Port of Wilmington is privatized by lease, sale, or other transfer is on the agenda in the house tomorrow after passing the Senate last week. The House Economic Development/ Banking/ Insurance/ and Commerce Committee voted to release the bill today. It is reported that an amendment to expedite the approval process by sending any privatization proposal to the Joint Bond Bill committee then requiring its report to be voted up or down by the General Assembly, will be presented. Read more
Almost 700 ecomomists have publicly endorsed the Romney plan, the question is will you? The Obama propaganda machine tells you that the choice is going back to the Bush Policies or forward with Obama Policies. They say nonsense. In response, former President Bill Clinton said at the Democratic National Convention that Mr. Romney would return to “the same old policies that got us in trouble in the first place.” No, the Romney plan rejects such policies, including perpetual support of poorly regulated housing-finance agencies, such as Fannie Mae and Freddie Mac, which got us into the mess. Mr. Romney also argues against the easy-money policy by the Federal Reserve that helped lead to the crisis. Critics complain that Mr. Romney’s tax proposals favor the rich. Actually, he wants to eliminate or limit deductions from special provisions in the tax code for high-income Americans Read more
Attention job creators, Karen Weldin Stewart is proposing a 40+% increase to Delaware’s Worker’s Compensation Rate. The Delaware Department of Insurance has issued a Notice for a Public Hearing for November 2, 2012, 10 a.m. at the Department of Justice, 820 North French Street, 6th Floor, Wilmington, DE 19801. This could result in higher unemployment and business cash flow challenges. Anyone interested in making comments - written or oral - please read the following: The hearing will be conducted in accordance with the Delaware Administrative Procedures Act, 29 Del. C. Chapter 101. A party has the right to present evidence, be represented by Delaware counsel, and to appear personally or by other representative. The Delaware Department of Insurance is obligated to reach its decision based on the evidence received. Comments are being solicited from any person. Read more
Only 45.3% of adults work full time. That is actually an improvement of a point from the start of the year. By any measure the economy is very weak.
Dover is seeing falling unemployment and a surge of private investment. I outlined the plan less than two years ago. We have since stood for deregulation, controlling spending and taxes, and yes business incentives such as tax credits and cutting impact and building permit fees. We cut electric rates and resisted tax hikes. We simplified zoning and sign regulations. Has it worked? Redner's is the latest example among many which includes Kraft's expansion, Calpine, and others. But the LLC did take advantage of incentives to redevelop vacant commercial buildings. These incentives included a partial waiver of building permit fees and property taxes on the value of the improvements -- measures approved earlier this year by City Council to provide an incentive to redevelop vacant commercial and industrial properties, she said. “This is exactly the type of project we were hoping Read more
Representative John Kolwalko AKA Job Killier is trying to take away your right to choose with a single player health system along with colleagues Senator Bruce Ennis, Rep. Jaques, and Rep. Osienski . §1622. Insurance Reforms. Insurers regulated by the Delaware Insurance Department are prohibited from charging premiums to eligible participants for coverage of services already covered by the Health Security Authority. The State Insurance Commissioner shall adopt, amend, alter, repeal and enforce all such rules and regulations and orders as may be necessary to implement this section I call it single player not payer because the bill makes government the only real player in health care. The power is not really with consumers and medical professionals. You would be stuck in a system where your only real choice is to pack up and leave the state or abide by the health board's decisions. Read more
Faced with poor unemployment news for almost 4 years, the administration went on the offensive against Governor Romney's job creation record. They claimed the following. Even as the rest of the country was enjoying a brightening economy, during Romney's term Massachusetts plummeted to 47th out of 50 states in job creation; manufacturing jobs declined at twice the national average; and for the first time since 1995, its unemployment rate was above the national average. Long-term debt ballooned by more than $2.6 billion -- leaving the people of Massachusetts with the highest per capita debt of any state in the nation. State spending increased every single year, and Romney raised taxes and fees by $750 million per year -- leading to a higher state and local tax burden of $1,200 for every Bay Stater. Over his term, fees at public colleges skyrocketed by 63 percent, and during his first Read more
Wilmington, Delaware – May 28, 2012 – John Sigler, Chairman of the Republican State Committee of Delaware issued the following statement regarding the imminent closing of theVlasic® Pickle plant due to reconsolidation by its parent company, Pinnacle Foods: “I was saddened to learn of the closing of the Vlasic Pickle plant in Millsboro, Delaware. This unfortunate closing will cost Delaware residents more than 200 full time jobs and many more seasonal jobs. Equally sad will be watching the ripple effect this latest closure has on Millsboro and surrounding communities. This is yet one more example of the "jobless recovery" affecting Delaware residents -- and one more reason to end one-party- rule over state government in Dover. “The Markell administration has proven ineffective in preventing more people from losing their livelihoods and preventing businesses like Vlasic from Read more
According to a recent Gallup poll, the state with the biggest drop in confidence in the economy is Delaware. Economic confidence dropped in all states and the District of Columbia in 2011, reflecting the overall decline nationally. The declines range from a low of 3 points in Idaho and West Virginia to a high of 22 points in Delaware. In fact, Delaware's decline was steep enough that it fell from one of the 10 most confident states to one of the 10 least confident. Delawareans were right to lose confidence. We went from some key indicators like unemployment being significantly better than the national average to coming closer to tracking it. Delaware had leaders like du Pont, Castle, and Carper who stayed ahead of the curve. Now we seem to be hit with one issue after another. Some of the big gains turned out to have job leakage to other countries. This leaves us with certain Read more
"Gallup finds underemployment, without seasonal adjustment, at 18.4% in mid-December -- up from 18.1% at the end of November and similar to the 18.5% of a year ago. Over the same period, unemployment increased to 8.7% from 8.5% at the end of last month. Read more at GALLUP.com." Bill Wilson, of Americans for Limited Government, explains why the government numbers are a little different. According to former U.S. Labor Secretary Robert Reich, employment needs to grow by at least 90,000 a month just to keep up with the growth of the population. But, since the fall of 2008, the civilian labor force has actually shrunk from 154.7 million to 153.8 million, a contraction of about 900,000. It's not that fertility suddenly dropped or there was a massive plague. It should have grown by 3.24 million since then, but it didn't. Which means working age adults are simply not being counted by Read more
November 15, 2011 3:33 PM EST Calls on President Obama to Get Involved in the Discussion WASHINGTON, Nov. 15, 2011 /PRNewswire-USNewswire/ -- The Latino Partnership for Conservative Principles, a leading voice of Latino conservatives, commended U.S. Senators Chris Coons (D-DE) and Marco Rubio (R-FL) for introducing today the American Growth, Recovery, Empowerment and Entrepreneurship Act. The AGREE Act stems from areas of common agreement between the President's jobs plan, recommendations from the President's Council on Jobs and Competitiveness, and plans put forward by both parties in Congress and includes a provision which eliminates per country caps on employment based immigrant visas and increases the per country cap for family-based immigrant visas from seven to fifteen percent. This same provision is included in H.R. 3012, the Fairness for High-Skilled Immigrants Act, which Read more
It is unforgivable that House Republicans are not voting on Obama jobs bills, we are told, but that the fact that the Senate Democrats refuse to vote on 15 bills passed by the House is not even worthy of mention. Even President Obama recognized that some of those ideas were good. Why won’t Harry Reid at least allow the bills up for a vote? He can even use the 60 vote barrier. He is afraid to blow the biggest lie in Washington. The Republicans have no plan. Once that one dies, they are in real trouble because even the causal public will see the Democrats are not the only game in town.
Growth will be so great that you would have to hide under a bed not to get a job. World class economist Art Laffer gives his take.
FIX WHAT'S WRONG: Restore CONFIDENCE Something's wrong. We all feel the disappointment. The needed confidence isn't there to spark job-creation by investors and employers. Since more jobs are created by small business, we must restore small business confidence in particular. Hopefully both liberals and conservatives would agree. But here's the key: To restore small business confidence and hiring, you've got to understand what makes small business tick. You must have lived it: done without to create savings, risked those savings to build a business, and faced the setbacks of confusing and costly new regulations and taxes that jeopardize your plans to grow, or even threaten your very survival. Most in Washington lack this vital experience. Big business has vast compliance departments and lobbyists to get special benefits. But our job-creating small businesses can't afford Read more