Third and State This Week: Weak Drilling Fee, More Bad Employment News and Ranking Social Well-being

This week, we blogged about the latest developments in enacting a Marcellus Shale drilling fee, more bad employment news for Pennsylvania and a new study ranking nations based on indicators of social well being (the U.S. doesn't do so good).

IN CASE YOU MISSED IT

  • On the Marcellus Shale, Sharon Ward provided an update on legislative developments in the Pennsylvania House, and Michael Wood shared a new fact check from the Pennsylvania Budget and Policy Center comparing the effective rates of leading drilling tax and fee plans before the General Assembly.
  • On inequality, Stephen Herzenberg blogged about a new study that ranks the 31 Organization for Economic Co-operation and Development (OECD) countries on eight indicators of social well-being. The U.S. ranks 27th.
  • On jobs and unemployment, Mark Price wrote about more bad employment news for Pennsylvania, including a revised outlook from the Philadelphia Federal Reserve signaling that the state's economy will be shrinking through the first quarter of 2012.
  • In the Morning Must Reads this week, Mark Price summed up local unemployment data, shared an amusing video from The Daily Show suggesting that it is time for the 1% to go on strike, wrote about rising college tuition and budget strains for local governments, highlighted a lack of political will for fixing the broken economy, and noted that some in the U.S. Senate would just prefer that people that have to drive over structurally deficient bridges would just drop dead.

More blog posts next week. Keep us bookmarked and join the conversation!

Comments

0 comments posted

Post new comment

Comment Policy:

Thank you for joining the conversation. Comments are limited to 1,500 characters and are subject to approval and moderation. We reserve the right to remove comments that:

  • are injurious, defamatory, profane, off-topic or inappropriate;
  • contain personal attacks or racist, sexist, homophobic, or other slurs;
  • solicit and/or advertise for personal blogs and websites or to sell products or services;
  • may infringe the copyright or intellectual property rights of others or other applicable laws or regulations; or
  • are otherwise inconsistent with the goals of this blog.

Posted comments do not necessarily represent the views of the Keystone Research Center or Pennsylvania Budget and Policy Center and do not constitute official endorsement by either organization. Please note that comments will be approved during the Keystone Research Center's business hours.

If you have questions, please contact [email protected]

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <p> <img>
  • Lines and paragraphs break automatically.