Tag Archives: ohio economy

The State of Ohio’s Economic Problems, Pt. 2

The State of Ohio’s Economic Problems, Pt. 2

[Editor’s note: Read Part 1 here.] Ohio’s recent financial problems have been a consequence of our leaders blindly reacting to the booms and busts of the past several decades without an understanding of business cycles. In the chart below, Ohio is shown to have experienced the same pattern in the rise and fall of tax

The State of Ohio’s Economic Problems, Pt. 1

There has been much talk recently of an economic comeback in Ohio since the 2008 financial crisis. Ohio was notably hit hard by the economic downturn. Now we constantly hear about Ohio’s rising tax revenues, a Budget Stabilization Fund balance of over $1 billion, and a slowly falling unemployment rate. In fact, a recent study

We Count on Coal

Unfortunately, too many Americans do not understand the significant contributions coal makes to the U.S. economy and our way of life. President Obama is taking advantage of this lack of understanding by waging a war on coal to the explicit benefit of his green pork agenda. His recent proposal to regulate carbon emissions from power

Our Coming Economic Collapse, Part 3: Our Recent Boom & Bust Cycles

The cycle of artificial booms and busts described in Part 2 of this series happened under the Clinton and Bush presidencies.  In the early 1990s, the Funds rate was 8%. By 1993, the year of Clinton’s infamous tax increase, the Funds rate was in the 3% range and the Funds rate stayed in the 4-5%

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