Americans are pessimistic about what the economy will bring in 2023, with large numbers fearing inflation and a looming recession…
Browsing: economy
Sam Bankman-Fried is a name you’re going to hear a lot about over the next year – and rightly so.…
This November, Portland residents will vote on five citizens’ initiatives, four of which were sponsored by the Maine chapter of the…
According to a report recently released by WalletHub, Maine has the eighth weakest economy in the nation. WalletHub looked at…
Government policies fail and create problems in the real world every day. But most Americans are so busy in their…
Following an upward revision to March’s jobs numbers, Maine’s unemployment rate was “essentially unchanged” at 3.3 percent in April, according…
Inflation has surged across much of the developed world in the past year as COVID-19 lockdowns eased and pent-up demand…
Maine’s unemployment rate decreased slightly to 4.7% in December 2021, according to a release issued Tuesday by the Maine Department…
It is far past time to reopen the border between the United States and Canada. Even Gov. Janet Mills agrees…
The unemployment rate in Maine remained stuck at 4.8% for the fifth straight month, according to recent report from the…
The government has spent its way into an inflationary mess, which we’ve already felt at the gas pump, among other places. Don’t be surprised if everyday expenses continue to be more costly and your disposable income starts to fall.
One of the great things about America’s 50-state federal system is that people can vote with their feet in response…
A recent CNBC article highlights a common economic fallacy surrounding the concept of inflation. The author claims that inflation can…
If all 300 workers received the $1,500 benefit, the grant program has already paid out $45,000, or 4.5%, of the $10 million available.
A new report in the Wall Street Journal (WSJ) quotes an analysis from economists who found that states that have…
Should Mainers have to pay more in taxes for buying a new piece of real estate? The Legislature says yes,…
This week, Maine lawmakers will vote on LD 221, Governor Janet Mills’ supplemental budget proposal. Also known as the governor’s…
Proponents of big government spending have desperately argued that mounting price inflation is just temporary. But multiple alarming inflation metrics…
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen…
The economic shock from the coronavirus pandemic of 2020, exacerbated by the response of many state governors, is just beginning…
A number of iconic Maine businesses have closed this year due to the economic downturn caused by the COVID-19 pandemic…
The latest report from Maine’s Revenue Forecasting Committee (RFC), published earlier this month, revised its estimate of the state government’s…
Last week, Governor Janet Mills’ Economic Recovery Committee released recommendations urging the administration to spend $1.1 billion to support and…
Time is running out. Time is running out for the segment of our population that has no job, no income,…
On March 17, Nelson Moody, owner of Yankee Lanes bowling alley in Brunswick, closed his doors and the business has…
Seven groups representing different facets of Maine’s tourism and hospitality industry sent an open letter to Maine Governor Janet Mills…
The COVID-19 crisis feeds into the progressive belief that a crisis is an opportunity to further an agenda by other-than-constitutional…
Last Friday, Maine Governor Janet Mills released a revision to her phased reopening plan, announcing that restaurants, retail stores and…
Governor Mills unveiled her multi-phase plan for slowly reopening the Maine economy on Tuesday during a press conference with Maine…
Maine Policy Institute on Monday sent to Governor Janet Mills a list of recommendations for reopening the state economy. The…
Dear Governor Mills, Many Mainers are facing desperate times. I would like to offer my thoughts for consideration so together…
Maine is currently the oldest state in the nation and is experiencing a labor shortage. According to the U.S. Census…
It is tempting to think of America’s economic classes as stable and sedentary. Talk of widening income inequality has cemented…
A $15 federal minimum wage would wipe out 1.3 million low-income jobs and boost the wages of at least 17…
Both the Maine House and Senate voted Friday, June 14 in favor of approving a new biennial budget that Governor…
In the early ‘90s, times were very different than they are today. Maine’s economy was in a tailspin, state revenues…
As a small business owner, I know firsthand that what is good for the goose is good for the gander.…
Lawmakers frequently pursue legislation under the guise of improving Maine’s economy and attracting people to our state, but rarely is…
Today’s world is in many ways at a crossroads, especially as technology and innovation continually reshape the economy, specifically models…
Last month, the Maine Center for Economic Policy (MECEP) published a study on the minimum wage in Maine, arguing that its…
The sharing economy, including platforms like Lyft, Uber and Airbnb, present new and unique economic opportunities to the many Mainers…
In the months leading up to the presidential election, we’ve often heard Hillary Clinton speaking of “…trumped up, trickle-down economics.”…
This past week in Waterville, while the fading sun of a warmer than normal October day still lit the bottom…
Every two years liberals in Maine unveil an economic plan with a new catchy name. They plan a ‘listening tour’…
Over the weekend, the Bangor Daily News published an article titled: What stands out about LePage’s approach to the economy:…
The first Friday of every month, one of the most important statistics in economics is released – the jobs report…
Last week the executive director of the Natural Resources Council of Maine was outraged about a letter I wrote to…
I’m writing to make donors to Natural Resources Council of Maine aware of this organization’s true intent. While everyone supports…
New England, on the whole, is an economically-depressed region. Between 2004 and 2014, the average cumulative growth of a New…
As a shameless shill for liberal causes, it’s no surprise that Cynthia Dill points the finger elsewhere for the state…
Anyone remotely familiar with Maine’s economy knows it’s at a crossroads. Between 2004 and 2014, its cumulative economic growth ranks…
In the recently-released ninth edition of the Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index rankings report, Maine earned…
The day is coming to a close. You have been suffering through wind, rain and hunger since 6:00 a.m. this…
For several years in a row, Maine’s business climate has ranked among the worst in America, with our regulatory environment…
“The mark of a healthy, dynamic market is having new firms constantly challenge the business models of old firms. Without…
Vincent Van Gogh once said, “There is no blue without yellow and without orange.” That’s just not true when it…
I have had a mild obsession with the 1984 hit movie Footloose for as long as I can remember. The…
The state of Maine, specifically its metro areas of Portland, Lewiston and Bangor, has achieved full employment. Well, at least…
“Struggling Mainers should suck it up and pay a higher gas tax. We need better roads!” Does that sound like…
The University of Maine is the premier public institution of higher education in the state of Maine. As part of…
Recently, as President Obama approached his final year in office, his administration announced thousands of new regulations likely to cost…
Nearly every session there is at least one piece of legislation introduced to somehow chip away at the antiquated Sunday hunting…
How many times have we heard it? “Tax breaks don’t create jobs, because corporations don’t pay their fair share.” Well,…
On Wednesday morning, the Bureau of Economic Analysis (BEA) released estimates of real personal income for 2013 which showed that…
Gov. Paul LePage’s call for restrictions on towns setting their own specific minimum wages doesn’t go far enough. The minimum…
Bangor Daily News blogger Chris Shorr on Thursday published an outlandish and illogical attack against Uber, an innovative ride-sharing service…
Uber – the international ride-sharing company headquartered in California- has arrived in Maine. The company announced on last week that its…
On October 1, 2013, Mainers felt the sting of a 10 percent increase in the sales tax to 5.5 percent…
ORONO – First Lady Michelle Obama touted the health of the U.S. economy as she visited Maine on Friday to campaign…
Advocates for a big increase in the minimum wage say Maine’s poor will benefit, but some Maine small business owners…
AUGUSTA – Maine’s unemployment rate remained at 5.5 percent for the month of July – the lowest since August of…
Greetings from Amherst to all readers of the Maine Wire: With fewer than 90 days to Election Day, it’s time…
AUGUSTA – Maine’s unemployment rate remained at 5.7 percent for the month of May, according to government figures released Friday,…
“Help Wanted” signs are popping up across the state as tourism season begins in earnest and the economic activity is…
In 2013, minimum-wage increases were associated with increases in unemployment and decreases in job growth, with teenagers hit especially hard,…
AUGUSTA – Maine’s unemployment rate stood at 6.2 percent for the first month of 2014, according to labor statistics released…
AUGUSTA – Republican Gov. Paul LePage delivered his third State of the State address Tuesday night, using the opportunity to…
AUGUSTA – Maine’s jobless rate dropped to 6.2 percent in the month of December, the Maine Department of Labor (MDOL)…
AUGUSTA – The Wall Street Journal on Friday quoted a respected market research group as saying Maine is one of…
The Federal Reserve Bank of Philadelphia on Tuesday published its monthly State Coincident Index – a ranking of states’ economic…
AUGUSTA – Maine’s jobless rate hit 6.7 percent in the month of October—the rosiest unemployment picture the Pine Tree State…
AUGUSTA – At a Tuesday press conference in the State House, Barclaycard, an international financial services corporation, announced its intention…
This story was posted Wednesday in Forbes. See it here. By Kurt Badenhausen Forbes For the third straight year Maine…
By Salim Furth, Ph.D The Heritage Foundation On Thursday, the Department of Commerce revised its second quarter estimate of economic…
by J. Scott Moody The U.S. Census Bureau recently released new data showing state and county population by major age groups as…