All posts tagged "economy"
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New report pegs Maine’s economy as 8th weakest in 2022
According to a report recently released by WalletHub, Maine has the eighth weakest...
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Government greed caused inflation, for the record
Government policies fail and create problems in the real world every day. But...
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Maine’s unemployment situation ‘essentially unchanged’ in April
Following an upward revision to March’s jobs numbers, Maine’s unemployment rate was “essentially...
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COVID stimulus checks worsened inflation
Inflation has surged across much of the developed world in the past year...
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Maine unemployment rate shows modest improvement in December
Maine’s unemployment rate decreased slightly to 4.7% in December 2021, according to a...
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It’s way past time to open US-Canadian border
It is far past time to reopen the border between the United States...
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Mills’ ‘Back to Work’ program not helping Maine’s stagnant unemployment rate
The unemployment rate in Maine remained stuck at 4.8% for the fifth straight...
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Unnecessary government spending helps fuel inflation
The government has spent its way into an inflationary mess, which we’ve already...
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Disney is moving 2,000 jobs from California to Florida—here’s why
One of the great things about America’s 50-state federal system is that people...
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No, higher wages aren’t a ‘silver lining’ of inflation
A recent CNBC article highlights a common economic fallacy surrounding the concept of...
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Department of Labor announces updates to its Back-to-Work grant program
If all 300 workers received the $1,500 benefit, the grant program has already...
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People are leaving unemployment rolls faster in states that are ending enhanced benefits
A new report in the Wall Street Journal (WSJ) quotes an analysis from...
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Mills’ veto stops new graduated real estate transfer tax
Should Mainers have to pay more in taxes for buying a new piece...
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Systemic tax reform is better than one-time gimmicks
This week, Maine lawmakers will vote on LD 221, Governor Janet Mills’ supplemental...
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New data offer more proof price inflation is on the rise
Proponents of big government spending have desperately argued that mounting price inflation is...
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Why inflation is at a 12-year high
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average...
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Understanding the economic cost of 2020 pandemic policy
The economic shock from the coronavirus pandemic of 2020, exacerbated by the response...
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Iconic Maine businesses couldn’t survive the pandemic shutdown and restrictions
A number of iconic Maine businesses have closed this year due to the...
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Maine’s current economic forecast should prompt substantial spending cuts
The latest report from Maine’s Revenue Forecasting Committee (RFC), published earlier this month,...
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Economic Recovery Committee urges Gov. Mills to spend $1.1 billion to revive Maine’s economy
Last week, Governor Janet Mills’ Economic Recovery Committee released recommendations urging the administration...
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Shutdown Stories: Yankee Lanes
On March 17, Nelson Moody, owner of Yankee Lanes bowling alley in Brunswick,...
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Tourism and hospitality groups urge Gov. Mills to nix quarantine restriction, reopen Maine’s economy
Seven groups representing different facets of Maine’s tourism and hospitality industry sent an...
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Government response to the pandemic makes matters worse in Maine
The COVID-19 crisis feeds into the progressive belief that a crisis is an...
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How similar are the recovery plans in Maine and New Hampshire?
Last Friday, Maine Governor Janet Mills released a revision to her phased reopening...
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Gov. Mills’ multi-phase ‘recovery’ plan is a blueprint for a prolonged economic depression
Governor Mills unveiled her multi-phase plan for slowly reopening the Maine economy on...
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A plan for reopening Maine’s economy
Maine Policy Institute on Monday sent to Governor Janet Mills a list of...
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Open letter to Gov. Mills: It’s time to reopen Maine
Dear Governor Mills, Many Mainers are facing desperate times. I would like to...
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It’s time for Maine to recognize occupational licenses issued by other states
Maine is currently the oldest state in the nation and is experiencing a...
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Debunking income mobility myths
It is tempting to think of America’s economic classes as stable and sedentary....
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CBO report shows $15 federal minimum wage would hurt US economy
A $15 federal minimum wage would wipe out 1.3 million low-income jobs and...
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Governor Mills signs bloated budget agreement into law
Both the Maine House and Senate voted Friday, June 14 in favor of...
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Proposed workers’ comp changes the wrong step for Maine
In the early ‘90s, times were very different than they are today. Maine’s...
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Numerous bills put in jeopardy the health of our small business economy
As a small business owner, I know firsthand that what is good for...
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Income tax reductions will help tackle Maine’s demographic challenges
Lawmakers frequently pursue legislation under the guise of improving Maine’s economy and attracting...
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Lessons in disruption from the 19th Century
Today’s world is in many ways at a crossroads, especially as technology and...
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Reductions in child poverty not a result of minimum wage increases
Last month, the Maine Center for Economic Policy (MECEP) published a study on the...
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Maine should resist taxing the ‘sharing economy’
The sharing economy, including platforms like Lyft, Uber and Airbnb, present new and...
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‘Trump-ed up Economics’ Offers Revitalization of Manufacturing Sector
In the months leading up to the presidential election, we’ve often heard Hillary...
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Sharing the Cost: An Example of Private-Public Partnership
This past week in Waterville, while the fading sun of a warmer than...
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Maine Liberals Need to ‘Get Real’
Every two years liberals in Maine unveil an economic plan with a new...
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LePage’s Approach to the Economy Focuses on Maine’s Most Vulnerable
Over the weekend, the Bangor Daily News published an article titled: What stands...
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May Jobs Report is Grim for Recent Graduates
The first Friday of every month, one of the most important statistics in...
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LePage: NRCM Should Meet with Me to Create Jobs for Mainers
Last week the executive director of the Natural Resources Council of Maine was...
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Four Things Other New England States Are Doing Worse Than Maine
New England, on the whole, is an economically-depressed region. Between 2004 and 2014,...
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Blame Dill and Liberals for Poor Economic Record, Not Me
As a shameless shill for liberal causes, it’s no surprise that Cynthia Dill...
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Subsidies and Cost Shifting Won’t Power Maine’s Economy
Anyone remotely familiar with Maine’s economy knows it’s at a crossroads. Between 2004...
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Rich States, Poor States: Maine Gets Richer, but Still Among the Poorest
In the recently-released ninth edition of the Rich States, Poor States: ALEC-Laffer State...
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Solutions That Work for Maine
For several years in a row, Maine’s business climate has ranked among the...
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We Should Have Been Farmers
“The mark of a healthy, dynamic market is having new firms constantly challenge...
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Blue, Orange, and Green: The Case for Sunday Hunting in Maine
Vincent Van Gogh once said, “There is no blue without yellow and without...
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“Full Employment” is a Faux Reality in Maine
The state of Maine, specifically its metro areas of Portland, Lewiston and Bangor,...
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The Press Herald is Wrong on the Gas Tax
“Struggling Mainers should suck it up and pay a higher gas tax. We...
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Curbing Higher Education Cost Starts with Smart Expenditures
The University of Maine is the premier public institution of higher education in...
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To Help Businesses Thrive, Eliminate Red Tape
Recently, as President Obama approached his final year in office, his administration announced...
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Sunday Hunting “Blue Law” Puts Maine at a Disadvantage
Nearly every session there is at least one piece of legislation introduced to somehow...
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How Smart Fiscal Policy Boosted Economic Development in Maine
How many times have we heard it? “Tax breaks don’t create jobs, because...
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New Data Shows Maine Had Strong Income Growth
On Wednesday morning, the Bureau of Economic Analysis (BEA) released estimates of real...
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Rousselle: Abolish the Minimum Wage
Gov. Paul LePage’s call for restrictions on towns setting their own specific minimum...
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Bangor Daily News lets blogger smear Uber with lies
Bangor Daily News blogger Chris Shorr on Thursday published an outlandish and illogical...
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Uber comes to Portland
Uber – the international ride-sharing company headquartered in California- has arrived in Maine....
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Higher Sales Taxes Will Drive Mainers to Shop in New Hampshire
On October 1, 2013, Mainers felt the sting of a 10 percent increase...
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Michelle O comes to Maine
ORONO – First Lady Michelle Obama touted the health of the U.S. economy as...
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Small business owners balk at minimum wage hike
Advocates for a big increase in the minimum wage say Maine’s poor will...
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Maine’s unemployment rate at 5.5 percent
AUGUSTA – Maine’s unemployment rate remained at 5.5 percent for the month of...
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Lockman: Dem majorities crush welfare reform, workplace freedom
Greetings from Amherst to all readers of the Maine Wire: With fewer than...
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At 5.7 percent, Maine’s jobless rate lowest since November of 2008
AUGUSTA – Maine’s unemployment rate remained at 5.7 percent for the month of...
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At 5.7%, Maine’s jobless continues to fall under LePage administration
“Help Wanted” signs are popping up across the state as tourism season begins...
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Study: Minimum wage laws increased unemployment, slowed job creation in 2013
In 2013, minimum-wage increases were associated with increases in unemployment and decreases in...
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Maine jobless rate at 6.2 percent for January
AUGUSTA – Maine’s unemployment rate stood at 6.2 percent for the first month...
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The Governor: Maine is at a crossroads
AUGUSTA – Republican Gov. Paul LePage delivered his third State of the State...
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The LePage Economy in Three Charts
AUGUSTA – Maine’s jobless rate dropped to 6.2 percent in the month of...
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Wall Street Journal: Maine Has Seen Big Turnaround in its Economy Under LePage
AUGUSTA – The Wall Street Journal on Friday quoted a respected market research...
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Report: Maine GDP growing
The Federal Reserve Bank of Philadelphia on Tuesday published its monthly State Coincident...
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Maine jobless rate hits lowest since 2008
AUGUSTA – Maine’s jobless rate hit 6.7 percent in the month of October—the...
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International Company to Expand Wilton Customer Center
AUGUSTA – At a Tuesday press conference in the State House, Barclaycard, an...
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Forbes: "Maine Leads List of The Worst States for Business"
This story was posted Wednesday in Forbes. See it here. By Kurt Badenhausen...
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Another Downward GDP Revision Shows Economy Still Not Recovering
By Salim Furth, Ph.D The Heritage Foundation On Thursday, the Department of Commerce...
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Economic Brief: Maine’s Inverting Age Pyramid
by J. Scott Moody The U.S. Census Bureau recently released new data showing state...
