Morning Economic News

Morning Must Reads: Alcohol and Lottery Privatization, HEMAP Almost Saved!

The Philadelphia Inquirer reports this morning that the latest push to privatize Pennsylvania's liquor stores stalled earlier this week but is now scheduled to begin again next Monday.

Morning Must Reads: Asset Tests Are For Poor People Not Shell Oil

Will Bunch at the Philadelphia Daily News reviews a proposal from Governor Tom Corbett to give Shell Oil even more money for doing something they are already planning to do anyway.

Morning Must Reads: Austerity Hurts and the Sands in Bethlehem Has A Union But No Contract!

On Friday, we got a disappointing jobs report for May in which unemployment ticked up slightly and non-farm payroll growth came in below 100,000 jobs. The volatility of the numbers may reflect unseasonably warm winter weather rather than a fundamental slowdown in the economy. That said, the economy continues to grow at a pace too slow to bring down the unemployment rate quickly.

The Philadelphia Inquirer columnist Maria Panaritis has a biting commentary today on the impact of economic austerity on Pennsylvania schools.

Morning Must Reads: Special Needs Kids, Unemployment Insurance, Student Loan Debt and CEO Pay

Welcome back from the Memorial Day Weekend! The Pittsburgh Post-Gazette this morning explores the impact of charter schools on school districts.

The New York Times reports on declining aid to the unemployed.

Morning Must Reads: State Budget Priorities 101: Education or Business Tax Breaks?

Wednesday brought protests across Pennsylvania over state budget cuts to education. To start things off, here are some of the news clips from demonstrations in Philadelphia, Pittsburgh, Harrisburg and elsewhere in the state.

Morning Must Reads: Job Creators Love the Prevailing Wage and Predatory Payday Lenders Are Lousy Job Creators

Is the prevailing wage just a battle between business and labor? James Gaffney explains why it isn't in the Harrisburg Patriot-News this morning.

Morning Must Reads: Payday Loans Are Bad For Consumer and School Districts Report Financial Distress

In case you missed it, The Philadelphia Inquirer ran a strong editorial Monday against legalizing predatory payday lending in Pennsylvania.

Morning Must Reads: PA Job Numbers Out, The War On Unemployment Insurance, and Inequality

Happy Sunny Friday, people! Now for the not so good news. The job numbers for Pennsylvania came out Thursday, and the overall picture was somewhat disappointing. The unemployment rate edged down slightly to 7.4% and nonfarm payrolls declined by 600 jobs.

Morning Must Reads: Governor to School Districts: Do As I Say Not As I Do

The Associated Press reports this morning that Governor Corbett believes reductions in access to kindergarten and music or arts programs could be avoided if more school districts would spend down their reserves. This is the same Governor Corbett who left nearly half a billion in revenue unspent in last year's budget and the same Governor arguing that the new budget should again leave unspent hundreds of millions in better-than-expected state tax revenues.

Morning Must Reads: The Pennsylvania Hunger Games Diet: Cash for Corporations, Cuts for Kids

On Tuesday Marty Moss-Coane, the host of WHYY's Radio Times, moderated a question-and-answer session with Governor Tom Corbett at an event sponsored by the Greater Philadelphia Chamber of Commerce. The Governor ran wild with analogies.

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