Politicians are going to great lengths to avoid talking about the real effect of structural unemployment that we are now facing. This oblivious attitude, this constant pointing to the sliver of sunlight on dark and dreary days, is not only wishful thinking but destructive.
OSU economist Patrick Emerson bemoans the "children's crusade" at the Oregonian newspaper, and the failing newspaper economy that has pushed the state's largest daily into hiring cheaper, younger reporters while letting veterans go.
Oregon economist Bill Conerly gives his revised economic forecast, now going through 2013, predicting moderate growth in most of the forecast horizon and an acceleration to somewhat stronger growth near the end of this year and the beginning of next.
Nobody, not even Steve Jobs, can say for sure whether Apple can still be Apple without him at the helm. There are three reasons that it might — and one big reason that it might not —according to David Pogue, the New York Times' technology writer.
In the tale of two stadiums in New Jersey — a $34 million dollar stadium built for minor league baseball 13 years ago that is a complete flop, and the new Red Bulls Arena that's a big success — Oregon economist Patrick Emerson says there is evidence that Portland, in its own struggle with the baseball vs. soccer question, got it right.
Portland economist Bill Conerly says that the money supply is finally growing and this money supply has been accompanied by loan growth, believe it or not. Double-dip recession? Looking less likely now.
What it really boils down to for rural Oregon is the need to adapt from an economy largely based in timber and agriculture to an economy with a robust balance of commercial, industrial and retail development. Does this mean that rural areas should “settle” for opportunities that don’t perfectly match up with economic development strategies? Does it mean that desperate times call for desperate measures? Maybe, maybe not.