Bill Styring

Bill
Styring

Styring is an economist.

Full Biography

Styring is an economist.

Full Biography

May 7, 2015 5:45 AM 1 Comment

Tammany Hall-by-the-Interstate

Carmel voted Tuesday, and it would be hard to find an election where the battle lines were more clear or the outcome more decisive. Mayor James Brainard was shooting for his 6th term.  He faced probably his stiffest challenge ever in City Council President Rick Sharp.  Sharp had a significant war chest.  I’m not privy to how much each spent, but Sharp reportedly spent in the vicinity of $150,000.  Brainard’s outlay certainly was at least…

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April 27, 2015 3:03 PM

Some thoughts on all this Clinton stuff

For a book that won’t be published for another week, Peter Schweitzer’s Clinton Cash has caused quite a stir.  Fox News, ABC, the New York Times and the Washington Post–an unusual cast of bedfellows–have all run with excerpts and, in the case of the Times, have expanded on Schweitzer’s research.  The book alleges Bill and Hillary Clinton have used their political connections and official position (Hillary) in a manner that looks, to be charitable, sleazy…

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April 17, 2015 6:38 PM

OMG. Iran is getting S-300’s

Just when you thought the Middle East couldn’t get more complicated, our good buddy Vladimir “Reset” Putin ups and  sells five complete S-300 surface to air missile units to Iran.  The timing upsets a whole bunch of political calculations, including the possible Iran nuclear deal and what Israel, Saudi Arabia and Jordan might do about it. Multiple reliable open sources (my favorite is “The Military Balance” from London’s Institute for Strategic Studies) identify the S-300…

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March 26, 2015 5:55 PM 2 Comments

Minimum wage: some food for thought

To supporters, hikes in the minimum wage have only one result.  Low paid workers get a pay raise.  This is a good and just outcome.  Fairness demands these souls earn a “living wage”.  Greedy employers can afford it. Thus, so the reasoning goes, minimum wage increases have only a positive impact.  Anyone questioning the correctness of this views is, well, morally suspect. There are those of us who do not own stock in this Road…

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March 13, 2015 6:32 PM

Ginger and Pickles University

I ran across a delightful article which falls into the “Gee, I wish I’d been bright enough to write that” category. It compares Ginger (a cat) and Pickles (a dog) who run a village grocery store to what’s happening in our student loan program.  The G&P story was written in 1909 by Beatrix Potter, better known to mothers of small children as the creator of Benjamin Bunny. G&P have a generous business model.  They extend…

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March 11, 2015 7:08 AM 1 Comment

Did you know…?

A small piece of Indiana trivia for those who might care to know… A video surfaced on March 3 showing U. S. A-10 “Warthog” ground attack aircraft supporting Kurdish Peshmerga fighters around the Iraqi city of Mosul and making strafing runs against ISIS fighters in Al Anbar province.  What gave it a local touch is the tail markings on the A-10s.  They’re from the Indiana Air National Guard’s 122nd Fighter Wing based in Fort Wayne.…

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March 4, 2015 6:37 AM 15 Comments

King v. Burwell

Today the Supreme Court will hear oral argument on the King v. Burwell case.  Defenders of the “Burwell” position (the current Secretary of HHS), and also Republicans, should start thinking about what happens if SCOTUS rules for King. KvB, you recall, is a case your humble scribe here starting writing about a year ago.  It involves subsidies under the Affordable Care Act, better known as “Obamacare.” The Court is not being asked a constitutional question.…

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February 17, 2015 6:04 AM 13 Comments

Presidents Obama and Bush “43”: Making the same mistake?

Presidents Obama and G. W. Bush don’t get lumped together very often on anything.  Indeed, diehard fans of both tend to think everything the other guy did (or is doing) was (is) wrong. That’s why a recent paper by George Friedman piqued my interest. There is a linkage between President Obama’s refusal to name the Islamic State and radical Islamic jihadist extremism as the enemy–both in his condemnation of various ISIS beheadings/burnings and his request for authorization of military…

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February 5, 2015 10:10 PM 1 Comment

Puncturing a school funding myth

Leaders of the Republican supermajorities in both chambers of the General Assembly say changing the state school aid formula to reflect growing schools is a top priority. My prediction: any changes will be comparatively minor.  The reason: there’s not that much left to do.  Compared to how Indiana has dealt with growing school systems over the years, today’s “school formula” isn’t that bad.  To understand why, let’s take a post-WWII view of K-12 school finance.…

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January 18, 2015 3:04 PM

Balanced budget amendment? Let’s think this through.

Gov. Mike Pence surprised a lot of people in his State of the State message.  After the usual pleasantries, the first policy proposal out of his mouth was a call for a constitutional balanced budget amendment (BBA). This was surprising, in part, because most Hoosiers who have an opinion think we already have a requirement that the state budget be balanced.  It’s one of those things that has been asserted for so long, and in…

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