I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
A piece of bad economic news: Industrial production dropped unexpectedly in September:
Northwestern economist Robert Gordon brings the gloom by predicting that the United States will likely face sluggish economic growth not only for the next few years, but for the next few decades:
As the census numbers continue to come in, the news gets worse and worse for Michigan. Households in Michigan saw their incomes drop faster than any other state by a huge margin over the last decade. The Detroit News reports:
The income gap — the disparity in earnings between the wealthiest and poorest Americans — increased to the highest recorded level in 2009, according to the Census Bureau. The Associated Press reports on data from the 2009 American Community Survey released earlier today:
Today, the Democrats on the Joint Economic Committee are out with a politically charged, compellingly presented report on the relationship between income inequality and the recession. First, they put the blame for growing American income inequality on George W. Bush’s shoulders, arguing, “Middle‐class incomes stagnated under President Bush. During the recovery of the 1990s under [...]
Sometime this week, the Census Bureau will release figures on poverty in the United States in 2009. The Associated Press asked some demographers to sketch out the probable results — and they are grim.
Today, the Bureau of Economic Analysis reported that the U.S. economy grew at a 1.6 percent annual pace in the second quarter. The report was a second analysis, revising the number down from an initial estimate of 2.4 percent. That is a dismally slow pace of growth, but better than economists expected. Economic data has [...]
Does a recessionary economy mean that workers must necessarily accept lower wages? Last week, The Wall Street Journal got a lot of attention for an article reporting that many businesses are reporting having trouble hiring — despite the fact that five workers are competing for every job opening:
LANSING — Mayor Virgil Bernero was on CNN Wednesday morning responding to statements from Federal Reserve Chairman Ben Bernanke that the recession that has crippled our economy, tossed millions of Americans out of jobs and made the housing crisis worse, is over. Bernero told CNN’s John Roberts that while Bernanke might being seeing hopeful signs [...]
Dow Chemical Co. (NYSE:DOW) Chairman and CEO Andrew Liveris said this week that the board of the 112-year-old Michigan-based chemicals company would consider — for the first time in its history — cutting the dividend paid to investors. Dow, which employs 46,000 people worldwide, recently announced that it would cut 5,000 jobs and close 20 [...]
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