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NEWS
By Annie Linskey and Julie Bykowicz, The Baltimore Sun | October 11, 2010
Competing claims on state spending: Ehrlich: "We added up your budgets over the four years. Do you know what they added to? $124 billion. Mine? $101 billion. That's not a rounding error. " O'Malley: "We have cut state spending more than any governor in Maryland history. " The facts : The figures for Ehrlich's statement are accurate, though it is unclear how helpful the comparison is. Ehrlich arrives at his number by adding together all four of O'Malley's budgets and comparing those cumulative figures to his four years of spending.
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NEWS
May 22, 2012
Newark Mayor Cory Booker was wrong and President Barack Obama is right: Mitt Romney's record at Bain Capital deserves closer scrutiny by voters. Whether a brief television ad accomplishes this is another matter. Presidential campaigns are seldom pretty. And this year's race is certain to be worse than most. The rise of super PAC spending and the prospect of tens of millions of dollars spent pounding on the Rev. Jeremiah Wright's more inflammatory sermons or the creation of more websites devoted to the plight of the Romney family dog are especially depressing thoughts.
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BUSINESS
By Gus G. Sentementes, The Baltimore Sun | May 18, 2012
Maryland has hosted 1,775 clinical trials for new medicines targeting six major chronic diseases since 1999, including 369 that are still in the early stages of recruiting patients, according to a study by two pharmaceutical industry groups released Friday. The report assessed the economic impact of clinical trials in the state, noting that the industry helped support 81,000 jobs, total employee salaries of $1.9 billion and $71 million in Maryland taxes as of 2008. More than half of the continuing clinical trials in the state are occurring in Baltimore, at the University of Maryland Medical Center and Johns Hopkins University, the report found.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | May 18, 2012
Maryland has hosted 1,775 clinical trials for new medicines targeting six major chronic diseases since 1999, including 369 that are still in the early stages of recruiting patients, according to a study by two pharmaceutical industry groups released Friday. The report assessed the economic impact of clinical trials in the state, noting that the industry helped support 81,000 jobs, total employee salaries of $1.9 billion and $71 million in Maryland taxes as of 2008. More than half of the continuing clinical trials in the state are occurring in Baltimore, at the University of Maryland Medical Center and Johns Hopkins University, the report found.
NEWS
By Eric Siegel and Eric Siegel,SUN STAFF | October 14, 1996
A new loan fund to help small businesses create more jobs in Baltimore's multimillion-dollar urban revitalization area will begin accepting applications tomorrow..The new high-risk loan program is funded with $1 million in empowerment zone money and is geared to small manufacturers, wholesalers, retailers or other entrepreneurs who need hard-to-get financing of up to $100,000 to buy or upgrade buildings and equipment.The program "will be targeted generally to companies which demonstrate a clear ability to stimulate job creation," according to a summary prepared by officials overseeing the empowerment zone effort, which includes $100 million in federal grants and tax breaks to businesses worth a potential $225 lTC million more.
NEWS
June 20, 2011
I'm writing in response to the article "Maryland ranks last in job creation" (June 18). This ranking should be of no surprise to anyone. Maryland has allowed itself to become almost entirely dependent on government employment. This has gone on for several administrations and multiple decades. Little effort has been given to private sector employment opportunities because the public sector employer has been the primary source of employment and of political focus. Imagine for a brief moment what employment would be like if Washington wasn't within a commutable distance.
NEWS
September 22, 2011
Congressional Republican leaders have reportedly asked Federal Reserve Chairman Ben Bernanke to refrain from any further monetary stimulus during policy makers' two-day meeting this week. Specifically, they asked in a letter to Mr. Bernanke that the Federal Reserve "resist further extraordinary interventions in the U.S. economy, particularly without a clear articulation of the goals of such a policy, direction for success, ample data proving a case for economic action and quantifiable benefits to the American people.
NEWS
by Annie Linskey | February 5, 2012
Democratic Gov. Martin O'Malley played surrogate for the Obama administration Sunday morning, appearing on CNN's State of the Union to offer his views on the GOP presidential nomination fight, the president's chances for re-election and the economy. O'Malley was paired with Republican Gov. Robert McDonnell of Virginia for the roughly 10 minute piece. Each chairs his respective party's governors association. O'Malley had the in-studio advantage, sitting across the table from CNN host Candy Crowley.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 20, 2010
Maryland employers added jobs for the fourth straight month in June but did so at a fraction of the pace of the previous three, creating 1,600 new positions. Even so, the state's employment picture was better than most in a difficult month for a large part of the nation, according to figures released Tuesday by the U.S. Department of Labor. Twenty-seven states — more than half — recorded losses as tens of thousands of temporary census jobs came to an end. In Maryland, nearly all the jobs added last month were created by the private sector.
NEWS
By Christopher B. Summers | January 16, 2012
Gov. Martin O'Malley says his goal for the 2012 legislative session is "job creation. " The real goal is much simpler: more government spending to benefit his most diehard political supporters and those in the construction community who benefit largely from government contracting. This is political payback to the teachers unions - which have generously contributed money and warm bodies to his campaigns - dressed up as job creation. He wants the legislature to approve $372 million in funds to build new public schools.
NEWS
March 20, 2012
A report last year that Maryland ranked last in the nation for job creation over the previous 12 months deserves a response ("Maryland ranks last in job creation," June 18). Let's get rid of the Baltimore Development Corporation, the Maryland Economic Development Group, and any public or quasi-public group in this state that has business development in its charter. Think of all the millions of dollars we could save to put to better use, such as lowering the personal and corporate tax rates here.
NEWS
By John Fritze, The Baltimore Sun | March 5, 2012
Democrat businessman John Delaney won the endorsement of President Bill Clinton on Monday in his bid for Maryland's 6th Congressional District. Clinton's endorsement is a significant one for the Potomac financier, who has widely been seen as having less institutional Democratic support in the competitive race than his leading opponent, state Sen. Rob Garagiola. The announcement also comes as Garagiola's campaign has questioned Delaney's loyalty to the party, noting a political contribution to Maryland Republican Rep. Andy Harris in 2010.
NEWS
February 16, 2012
Given that in 2011 Maryland ranked last in job creation and 44 t h in having a business-friendly environment, some response is required. We could start by getting rid of the Baltimore Development Corporation, the Maryland Department of Business and Economic Development, and any other public or quasi-public group that has business development in its charter. Think of all the millions of dollars we could save and put to better use, like lowering the personal and corporate tax rates here.
NEWS
by Annie Linskey | February 5, 2012
Democratic Gov. Martin O'Malley played surrogate for the Obama administration Sunday morning, appearing on CNN's State of the Union to offer his views on the GOP presidential nomination fight, the president's chances for re-election and the economy. O'Malley was paired with Republican Gov. Robert McDonnell of Virginia for the roughly 10 minute piece. Each chairs his respective party's governors association. O'Malley had the in-studio advantage, sitting across the table from CNN host Candy Crowley.
NEWS
By Christopher B. Summers | January 16, 2012
Gov. Martin O'Malley says his goal for the 2012 legislative session is "job creation. " The real goal is much simpler: more government spending to benefit his most diehard political supporters and those in the construction community who benefit largely from government contracting. This is political payback to the teachers unions - which have generously contributed money and warm bodies to his campaigns - dressed up as job creation. He wants the legislature to approve $372 million in funds to build new public schools.
NEWS
By John Fritze, The Baltimore Sun | January 3, 2012
- Federal regulations intended to clean the Chesapeake Bay will create hundreds of thousands of jobs in construction and monitoring, according to a report to be released Tuesday by a leading environmental group. Spending on sewage and storm-water treatment alone could support about 230,000 jobs in the region over the next 14 years, the Chesapeake Bay Foundation report found. That spending will be necessary to meet U.S. Environmental Protection Agency requirements to reduce pollution in the bay. The report comes as a debate rages in Washington over whether environmental and other regulations hurt the economy.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | January 5, 2011
The state has approved tax credits for employers who hired just under 1,500 previously unemployed Marylanders in 2010, a surge in numbers from a few months ago but still far short of the total number of credits available. The H.I.R.E. Maryland effort, a $5,000 refundable tax credit in exchange for each person given a job after a stint on the unemployment rolls, had the budget to support 4,000 hires made between mid-March and Dec. 31. The state Department of Labor, Licensing and Regulation says it's not yet clear what the total number of claims will be because there's no deadline to apply.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,Sun reporter | March 31, 2007
Maryland's unemployment rate remained at 3.8 percent last month as employers added 2,700 jobs, the federal government said yesterday. It wasn't a poor showing, but overall job creation in the past 12 months has lagged behind the state's performance in recent years - hurt by a housing slowdown that has rippled into the bottom line of businesses as varied as mortgage brokers and home-furnishing stores. The number of jobs rose by 25,600 over the past 12 months, according to preliminary estimates, compared with just over 40,000 from February 2005 through February 2006.
NEWS
December 14, 2011
Cities are like gardens; we cannot command their growth ("The mayor's mission," Dec. 11). Families, like plants, need good soil in which to put down roots and flourish. The "good soil" of Baltimore has always been its churches and synagogues. These provided the moral and spiritual center around which families lived, neighborhoods grew and developed. Everything else - school improvement, crime reduction, entrepreneur investment, job creation, sanitation, family structure and functioning - depends on this moral and spiritual ground which, by the way, is not primarily the job of government.
NEWS
December 1, 2011
Sorry, Virginia, there is no contractual sanity clause for those who serve in Congress. Once again, the clock is ticking for Washington to fashion a compromise over legislation that would both stimulate the economy and provide tax relief to middle-class Americans. President Barack Obama's proposed payroll tax reduction sure would make a nice Christmas gift (or New Year's Eve surprise), but how many of us expect to take delivery within the next 30 days? If recent history is any guide, probably not too many - even among the most optimistic young Virginias of the world.
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