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NEWS
By Robert B. Reich | June 25, 2014
A few weeks ago I was visited in my office by the chairman of one of the country's biggest high-tech firms. He wanted to talk about the causes and consequences of widening inequality and the shrinking middle class, and what to do about it. I asked him why he was concerned. "Because the American middle class is the core of our customer base," he said. "If they can't afford our products in the years ahead, we're in deep trouble. " I'm hearing the same refrain these days from a growing number of business leaders.
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NEWS
June 22, 2014
Letter writer Jennifer Kunze ( "Md. ought to have cleaner air," June 17) is absolutely correct. We can and should have cleaner air. Maryland's legislature should step up its efforts to move our state toward a clean energy economy. The solar industry in Maryland is actually creating new jobs at a much faster rate than the dirty coal industry here without adding any pollution to the air we all breathe. In fact, U.S. solar jobs are growing ten times faster than the national average employment growth.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 15, 2014
Maryland's economy has grown almost without fail in the last quarter-century, ticking up year after year. But not in 2013. That's according to early estimates from the U.S. Department of Commerce, which showed Maryland's gross domestic product stagnating last year - putting the state near the bottom of the national pack. Only the District of Columbia and Alaska fared worse. It's another indication that 2013 wasn't great for Maryland, where federal budget cuts had an outsized effect because of the state's big cluster of federal contractors and agencies.
NEWS
June 12, 2014
The latest report from the U.S. Department of Commerce reveals that Maryland's gross domestic product or GDP, a primary measure of the economy's health, was unchanged in 2013. That zero growth rate caused Maryland to be ranked second to last among all 50 states for GDP growth last year, an abysmal showing by any standard. The news will likely be cheered by only one group, the Republicans running for state and local office who have been lambasting Maryland's allegedly unfriendly business climate and tax increases since the last economic recession for driving everyone from small business owners to retirees away.
NEWS
May 31, 2014
Republican Larry Hogan's second television ad in the governor's race criticizes the O'Malley-Brown administration, not his opponents in the June 24 GOP primary. What the ad says: The 30-second spot shows Hogan meeting with a group of people. He says, "Tell me, how many of you know someone who is thinking about leaving Maryland? Raise your hand. " All in the frame do. "Nearly half would leave if they could. That breaks my heart," Hogan adds. As the scene shifts to scenes of Hogan around the state, the candidate promises to focus on three priorities: "Jobs, middle-class families and restoring our economy.
NEWS
By Michael Dresser, The Baltimore Sun | May 24, 2014
Democrat Anthony G. Brown's campaign calls his new 30-second television spot "Not About the Numbers. " The ad lives up to its title by offering no statistics, just broad generalities about Maryland's economy. What the ad says: The ad opens with a shot of Baltimore's Inner Harbor and a Hyattsville streetscape. Brown says, "This is a great state, and it should be great for every family, in every community. " It shifts to a scene of Brown and a man who appears to be the owner of a bicycle shop.
NEWS
May 6, 2014
The U.S. unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008, when it was 6.1 percent. However , The Bureau of Labor Statistics does not count people who have given up looking for work as unemployed. There are still more than 92 million Americans who remain out of the work force. The bureau noted that the civilian labor force dropped by 806,000 last month, following an increase of 503,000 in March. The number of Americans who are not in the work force rose in April to over 92.5 million, nearly 1 million more than in the previous month, when 91.6 million were not in the labor force, including an aging population that is continuing to head into retirement.
SPORTS
By Jon Meoli, The Baltimore Sun | April 25, 2014
The Ultimate Fighting Championship could have chosen a more traditional location for Saturday's pay-per-view fight, UFC 172. The event features a title defense for Jon Jones, its top pound-for-pound fighter and light-heavyweight champion. But just six years after mixed martial arts were legalized in Maryland, the ever-growing contingent of MMA fans in the region have rewarded UFC president Dana White's faith with a week of frenzied attention for Baltimore's first UFC event and a sold-out fight Saturday at the Baltimore Arena.
NEWS
April 16, 2014
With Russian troops amassed along its border and Kremlin-backed separatists in control of major cities in eastern Ukraine, the government in Kiev is facing the gravest threat to its survival since the breakup of the former Soviet Union a generation ago. Unless the U.S. and its allies can convince Russian President Vladimir Putin to step back from using the unrest there as a pretext for military intervention, it looks more likely than ever that eastern...
NEWS
By Kevin Klowden and Arthur Greenwald | April 3, 2014
Life imitated art recently in Maryland as the producers of "House of Cards" played political hardball with state officials. MRC Productions filmed the first two seasons of the hit series in Maryland, and, evoking Frank Underwood — the ruthless politician played by Kevin Spacey — MRC officials said "we will have to break down our stage, sets and offices and set up in another state" if Maryland doesn't provide another $15 million in production incentives....
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