Economy

The Congressional Budget Office just dropped a budget update on Washington, and it’s not good. The U.S. government is spending recklessly—and Obamacare is adding fuel to the fire....

... Tito Montes discussing the desperate need for welfare reform in Hawaii ....

The TPP has been behind closed doors for a long time. The wait will be more than worth it if a sound agreement is struck....

...the lumber industry is expected to enter a cycle where production demands remain strong and increase steadily over the next few years....

Washington, D.C., New Jersey, Hawaii, Massachusetts and California lead the nation with the healthiest prospective borrowers, all with scores above 90....

...due mainly to the lower inflation rate, the strong growth in the construction industry, and continued growth in tourism....

Musto discusses with Grassroot Institute’s president Keli’i Akina the similarities and differences between Detroit and Hawaii in light of Detroit’s recent declaration of bankruptcy....

1. Obamacare is going great.
2. I cut the deficit in half.
3. Middle-class income is stuck in the ’70s.

Obama says he’s ready to get back to the “kitchen table” issues after months of focusing on gun control, amnesty for illegal immigrants, and other tangents....

"...the budget includes new spending on program enhancements that could eventually result in fiscal pressure...."

Hawaii, which had been among the top ten states in previous studies, fell from 8th in 2008, to 11th in 2009, and now to 13th in 2012....

identify changeable policies so that Hawaii can move off the bottom of this list....

The 2013 Manufacturing and Logistics National Report shows how each state ranks....

RealtyTrac today released its U.S. Foreclosure Market Report....

...2012 was another year of strong tourism gains for Hawaii’s counties....

the current DBEDT forecast is slightly less optimistic than its February 2013 forecast for some of local economic indicators such as gross domestic product (GDP) growth, job growth, and visitor-related indicators...

...visitors to the state appear to be booking shorter trips and spending less at local shops, perhaps in response to higher hotel room rates....

Honeywell CEO "Comfortable" Taking $25 Million from Taxpayers to Create Only Ten Jobs....

... only California, New Jersey, and New York are more repressive than Hawaii ....

One of the opportunities that sequestration presents is the realization of just how dependent the American public is ....

...the governor interrupted by saying he has been hearing “the same propaganda.”

we, mere mortals, cannot predict what the prize industry of the future will be....

New Study Measures Jobs, Economic Impact and Community Service....

an increase to its previous projection for 2013 General Fund tax revenues from 5.1 to 6.7 percent growth....

America is set to become a net natural gas exporter by 2020 and virtually self-sufficient in energy by 2035....

...direct flights to Hawaii will exceed 2.6 M for the three month period between February and April 2013. This is an increase of more than 11%....

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Where does Honolulu rank among 300 cities? It ranks 284th for the 1993 to 2007 period, and 217th for the 2007 to 2011 period....

The meeting is being held in response to public comments we have received regarding Bank of Hawaii's planned closure of its branch offices in American Samoa....

For the past few days the White House, with a big assist from sympathetic media, has done all within its considerable powers to make it seem like sequestration means the end of the world....

Total expenditures by visitors who came to Hawai‘i in January 2013 rose 5.7 percent (or $77.3 million) from January 2012....

“If President Obama were making the decision for your family… he’d tell you to stop buying gas for your car and explain how you could only eat five days a week.”

...higher minimum wage is unlikely to accomplish the stated goal of raising the living standards of the working poor....

Here is a point-by-point comparison of the White House numbers for Hawaii and Sen. Harkin’s numbers for Hawaii. 

...look at the issue from an economic and financial well-being stand point instead of the emotional and social welfare perspective....

...Department of Business, Economic Development and Tourism (DBEDT) predicts a stronger economic growth in 2013, outpacing the national growth rate....

The Ball Corporation is the only manufacturer of metal cans in the islands. The company employs 45 people and the beverage tax places their jobs directly at risk.

The electricity that is produced from natural gas is 43 percent the cost of solar power, 68 percent the cost of wind power and 57 percent the cost of biomass....

It would be better to replace them with smarter cuts, but the reality is that Washington has to start cutting spending now....

...Hawaii could see layoffs and reduced income growth, which in turn would weigh on economic growth....