Lessons in fixing a flat tire: don't slash the other three

Alaska’s Economy: More Confirmation (If You Needed It)


The Alaska Dispatch News columnist Charles Wohlforth, in an opinion piece last week, reported on an interview with private Alaska economist Jonathan King  and Alaska Department of Labor’s Dan Robinson. Wohlforth wrote: A recession is unfolding of similar severity to what the nation endured after the 2008 financial crisis, but with a critical difference, King said. The U.S.…

screen-shot-2017-01-06-at-9-41-04-pm

Alaska’s Economy: An Update


Some of WC’s readers were pretty unhappy when WC predicted the state legislature was going to put Alaska into a recession. Even more were unhappy when WC announced it had happened. So WC expects to piss off still more of his readers by reporting that the recession is deepening. Job growth has tanked. It’s a…

wellsfargo

Wells Fargo: Why We Need More Banking Regulation


In the storm and fury of the presidential election and the chaos that has surrounded the president-elect, we’ve almost lost sight of the biggest banking scandal since the mortgage loan scandal that triggered the last recession. The fourth largest bank in the U.S., Wells Fargo & Co., was caught stealing customers’ money.1 With total assets…

Stockton, California's City Hall, May 13, 2014. REUTERS/

The Problem with Stockton


WC was born in Stockton, California. The family moved away when WC was four years old, and hasn’t been back for longer than a few months since. In fact, WC hasn’t set foot in the town since 1975. But your hometown, the place, you were born, never changes. And WC has followed the fortunes and…