News and perspective on public policy issues affecting Washington's economy and quality of life, brought to you by the Economic Opportunity Institute.
Many American voters seem ready to run our country as if it were a business. Some businesses take a long-range growth perspective, and honor all their stakeholders. A country run that way would be OK. However, other businesses believe their markets are “unattractive,” to use the business school expression. If your business is in an [...]
The latest economic forecast for Washington state, issued by Washington’s soon-to-be-former Chief Economist Arun Raha, shows we may be beginning to dig out from the recession – but public sector cuts are holding back the recovery: The bright spots: The aerospace industry added 11,500 jobs since May 2010, double the 6,000 lost during the recession. [...]
From the Everett Herald | By John Burbank: We’ve had a lot of talk about the privilege of the top 1 percent, and how they are grabbing more and more of our national income. Once, productivity increases were proportionally shared between corporations and workers. Now they’re mostly grabbed by companies and their top executives, while [...]
When Washington voters overwhelmingly passed an initiative to index the state’s minimum wage to inflation back in 1998, naysayers made “doom and gloom” predictions that turned out to be more Chicken Little than anything else. Nine other states (AZ, CO, FL, MO, MT, NV, OH, OR, VT) followed suit, and more recently, some (at first [...]
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