Economy

Parents have a picnic with their alien children

Politics This Week: The Twilight Generation of Political Normalcy in Rhode Island

By Justin Katz | May 6, 2024 |

John DePetro and Justin Katz worry about the significance of creeping lunacy in RI politics.

A water drop and ripples

I’ve wondered how Americans are getting by in this economy.

By Justin Katz | May 2, 2024 |

This may be part of the answer, and certainly corresponds with my experience:

A mechanic stares down a destroyed machine

Interest rates have become like rent control.

By Justin Katz | April 25, 2024 |

And they’re both artificial thresholds created by interventionist policies.  realEstateTrent makes a great point, here:   Progressive policies, which shift decision-making to the blunt tool of government, create these unhealthy thresholds everywhere.  People stay on the public dole because they’d have to earn so much money for a job to be worthwhile that no job…

A water drop and ripples

The people leaving Massachusetts are no surprise.

By Justin Katz | April 23, 2024 |

Here’s the Boston Globe’s description of the people leaving Massachusetts: Boston Indicators, the research arm of the Boston Foundation, published an analysis exploring trends in so-called domestic outmigration in Massachusetts, or people leaving for elsewhere in the United States. Looking at a two-year average across 2021 and 2022, the analysis found that the people moving…

A water drop and ripples

California’s decline could mirror Rhode Island’s ascent.

By Justin Katz | April 19, 2024 |

Unfortunately, Rhode Islanders don’t want it.  The Ocean State could be a beacon collecting some of tech jobs California is losing, as Joey Politano shows here: Rhode Island is so in the grip of its special interests and ideologues that they’d rather imitate California than create opportunity.

A water drop and ripples

Corporate tax credits are more progressive than some progressives realize.

By Justin Katz | April 17, 2024 |

The Rhode Island Office of Revenue Analysis releases regular reports summarizing the state’s tax credit programs, and sometimes progressive politicians and journalists get a news story out of them.  What’s disappointing is the paucity of the opposing voices.  According to Katherine Gregg’s Providence Journal article the Rhode Island Business Coalition is fine with ending the program…

A water drop and ripples

Progressive Democrats want everybody to fit neatly into groups.

By Justin Katz | April 16, 2024 |

That means most of us have to be servants to somebody else.  That’s why a political party that still pretends it’s “for the little guy” is relentlessly targeting “little guys” who work for themselves. This video from John Stossel is worth watching: If you’re independent, you’re difficult to manage. If top-down government can pressure top-down…

A water drop and ripples

The March employment numbers tell an important story.

By Justin Katz | April 16, 2024 |

For those of us who’ve been mystified by economic news, E.J. Antoni’s summary of results from the March employment report is worth a read.  The key confusion is that “the headline numbers once again look good.”  Yet, all the jobs are part time, with Americans replacing their full-time jobs with multiple part-time ones to make…

Artwork of a worker transforming into a boss

Increased productivity is a communal good.

By Justin Katz | April 12, 2024 |

Somehow, despite ample reason for civic disappointment, I find I’m becoming less cynical as I get older, not more.  Even now, when I come across reasoning like that expressed by young progressive Democrat Representative David Morales, I can’t help but feel hope that we can salvage reason from the flames of ideology: Here’s the reality:…

A prison warden hides his keys behind his back during a fire

Days of Reckoning for the Salt of RI’s Earth

By Justin Katz | April 11, 2024 |

The point can’t be stressed enough that Rhode Islanders should understand the Washington Bridge debacle as a representative lesson on our state government.  For that reason, not the least, Mark Patinkin’s conversations with local affected business owners is an article to print and review periodically in the future.  Restauranteurs and venue owners bought and built…