Drilling in the six states that span the Marcellus and Utica Shale formations has produced far fewer new jobs than the industry and its supporters claim. In fact, in Pennsylvania, shale-related employment accounted for less than half a percent of total nonfarm employment in 2012.
|By: ThirdandState Monday November 25, 2013 3:00 pm|
|By: Attaturk Tuesday November 19, 2013 1:30 am|
The guy with the discount Trump toupee (who isn’t actually Trump) is clearly a serious person!
|By: ThirdandState Sunday October 27, 2013 6:45 am|
In a strange way the Raymond James/Marcellus Shale Coalition claim about shale job growth since 2005 is partly a celebration of Pennsylvania’s disappointing overall job growth since 2010. Does the Marcellus Shale Coalition really mean to draw attention to this?
|By: DSWright Tuesday October 8, 2013 2:09 pm|
We are now in day 8 of the federal shutdown and it seems Americans are rapidly losing faith that the powers that be can turn the economy around. Confidence in the economy has deteriorated more in the past week than in any week since Lehman Brothers collapsed on Sept. 15, 2008.
|By: Lisa Derrick Monday September 23, 2013 4:59 pm|
The Federal Reserve is a hundred years old this year. There’s not a whole lot to celebrate in its century long history–the intention might have been good, but the execution has kind of been disastrous. In tonight’s film, Money for Nothing: Inside the Federal Reserve, our guest filmmaker Jim Bruce takes us through the history of the Federal Reserve System and into the current mess.
|By: Michelle Chen Saturday September 21, 2013 6:40 pm|
For all the supposed potential of the “American Dream,” immigrants in New York City often have a terrible time redeeming its promise. Many arrive in the United States with no financial grounding or burdened by a heap of debt; others can spend years priced out of financial credit by poverty and discrimination. Now, however, the city is allocating a little seed capital toward the long-overlooked economic potential of poor immigrant communities.
|By: DSWright Tuesday September 17, 2013 11:58 am|
The recovery that wasn’t and isn’t. On the day Occupy Wall Street marks its second anniversary the US Census Bureau has published its report on income, poverty and health insurance coverage in America. The results of the study provide more evidence that while the top 1% have gotten even richer, the 99% have stagnated.
|By: Les Leopold Saturday September 14, 2013 1:59 pm|
Here’s the core of her argument. Because banks create most of our money, they control the very essence of the economy. To regain control of our economic well-being we need public banks that make investments in the public goods, services and jobs that we all need. Public banks can do all that without running up the national debt or raising taxes. Public banks, like private banks, fund investments. But, as Ellen writes:
“The difference is that a publicly-owned bank returns the interest to the government and the community, while a privately-owned bank siphons it into private accounts, progressively drawing money out of the productive economy.”
|By: Jon Walker Thursday August 22, 2013 9:11 am|
One of the biggest factors in politics is the economy. Even without knowing anything about the candidates if you know how well the economy is doing going into the election you can fairly accurately predict the outcome.
|By: Jon Walker Thursday August 15, 2013 4:48 pm|
Over the past two months President Obama’s overall job approval rating is down only slightly but his approval rating on the issue of the economy has dropped significantly. According to Gallup, since June the number of people who approve of his handling of the economy is down 7 points. Now almost twice as many people disapprove of his handling of the economy (62%) as approve (35%).