Category Archives: Economy

Will high gas prices affect tourism?

We’ve been here before. As gas prices climb, there is the unavoidable fret that tourism will suffer. High prices at the pump are forcing visitors to cut back on their vacation spending, a trend local tourism officials hope will turn … Continue reading

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Public pensions – a mixed bag

A new Pew Center for the States report looks at public pensions. In the midst of the Great Recession and severe investment declines, the gap between the promises states made for employees’ retirement benefits and the money they set aside … Continue reading

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A plea for ‘revenue’

Now that ‘taxes’ have become a dirty word in America, I recommend that, during all present and future partisan wrangling, all warring parties use the term ‘revenue.’ We already say ‘spending,’ so what’s the big deal in using a normal … Continue reading

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Shoreline Fruit to expand

A new Agriculture Renaissance Zone has now been approved, clearing the way for a $7.5 million expansion of Shoreline Fruit south of Elk Rapids at Angell Road and U.S. 31. Details are in today’s Record Eagle, page 3A. More good … Continue reading

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Dura sold

Regional News The former Dura plant in Mancelona has a new owner. 7 & 4 News has confirmed that the current owner of the building at 310 Palmer Road, has an agreement with a company that has plans to reopen … Continue reading

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McJobs

News flash: McDonald’s is adding 50,000 jobs. The Atlantic  Also see: CSM For those who say economic recovery is all about job creation, this is good news to be celebrated. But is it really? Consider this: McDonald’s always staffs up for the … Continue reading

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Gallup/USA Today poll – budget

Finds broad support for federal budget bill USA Today video                    See previous posting. I sort of nailed the ‘both sides claiming victory,’ but there is not as much public skepticism as I thought there would be. 

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