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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

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