Middle Class

Once the bastion of a thriving rural middle class, Oregon’s rural communities are now barely scraping by. The state’s timber industry employed 81,400 residents at its peak in 1978. At the time, the industry made up 49% of all manufacturing jobs in the state according to the Oregon Employment Department.

Since then, the recessions of the early eighties and nineties, increased land-use restriction, decreased timber supply, global competition and automation of the timber industry have devastated rural communities that relied on once-plentiful timber jobs.  read more »

We should be getting used to the depressing spectacle of once-great corporations begging for assistance from Washington. Yet perhaps nothing is more painful than to see General Motors and other big U.S.-based car companies – once exemplars of both American economic supremacy and middle-class aspirations – fall to such an appalling state.

Yet if GM represents all that is bad about the American economy, particularly manufacturing, it does not represent the breadth of our industrial landscape. Indeed, even as the dull-witted leviathan sinks, many nimble companies have shown remarkable resiliency.  read more »

Pertaining to brain drain hype, Michigan has no equal. So profound is the out-migration that a local broadcasting network coined a term: Michigration. This was in January of 2008. I did a little digging and discovered the fuel for the story was a United Van Lines study about Michigan’s net loss of residents.

Net population loss is often confused with emigration. Upstate New York, another brain drain case for a future article, is no exception. The Federal Reserve Bank branch in Buffalo issued a report that tried to clear up the confusion, explicitly stating the challenge is attracting more people instead of the assumed issue of retention.  read more »

Scholars as well as pundits and politicians will study this remarkable election exhaustively. Many, including me, will use county data, because they are convenient and available. From a statistical point of view, counties are lousy units, because of huge variation in size and excess internal variability. But we can’t resist, so here are some at least suggestive findings.  read more »

By Richard Reep

Urban infill in cities of the Southeast follows typical patterns: assemblage of several blocks of older building stock at a low price; careful navigation through the zoning and public process to mix uses and increase density; and finally design and construction of parking, office, residential, and retail uses. The next phase is often marked by alienation and departure of the existing surrounding residents, concerns of safety and security within the development, and a socioeconomic wall between new and old.  read more »

A The New York Times editorial wonders why foreclosure rates are so high in the two Long Island counties it rightly calls the “birthplace of the suburban American Dream.” After all, the area has “a relative lack of room to sprawl.” which in Times-speak should be a good thing, since “sprawl” is by definition both bad and doomed.

Yet it is precisely the constraints on new housing that has served as a principal cause for Long Island problems.  read more »

Last month, Congress gave the treasury secretary $700 billion, which he said he urgently needed to buy toxic securities from the balance sheets of some of our largest financial institutions that were in financial trouble.

The secretary said that the economy was in danger, and the bailout funds were necessary to prevent a collapse.

I agree the economy is in trouble. And I am anxious to support emergency measures that will give our economy a lift.  read more »

Nothing made Barack Obama's victory potentially more historically significant than his overwhelming support from millennial voters, members of the generation born in or after 1982. Obama won voters under 30 by roughly two-to-one, compared with barely half for John Kerry, making some Democrats positively giddy with the prospect of long-term domination of American politics. Most of these voters also stayed with the Democrats down ticket, enhancing the mass slaughter of GOP lambs across the country.

Whether the Democrats keep this edge, however, depends not so much on the new president's personal appeal, but on whether he and his party can deliver economically for workers entering a very tough economy.  read more »

Barack Obama won a mandate among younger voters so large that it literally defies comparison, and with it, we're told, a mandate to retire tired old fights of little concern to this new generation. Yet in the long run, it may well be that his victory has only put on hold some enduring political conflicts and may even ignite new ones.

Obama’s 34-point, 66-32 percent win among the group that made up about 20 percent of voters and 60 percent of new voters was nearly four times the margin of John F. Kennedy in 1960 and Clinton in 1992.  read more »

In the end Appalachia remained out of sync with much of America this year. West Virginia, Kentucky, Tennessee and much of the hill country went for John McCain. Senator’s Obama’s message of “hope” did not play as well here as elsewhere.

This may seem a bit odd. The major targets of the election were Joe six-pack, Joe the plumber; Joe the ordinary man. Joe represented the disaffected males, the lost ones yearning for a simpler time and a better time. Enough Joes in other states voted for Obama to get him a spectacular victory in places like Ohio, Florida and Michigan.  read more »