Jon Talton
Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.
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Washington scores well on national wealth and opportunity scorecard
Posted by Jon Talton
Top of the News: Washington state gets an A in the new Assets and Opportunity Scorecard by CFed, the economic development think tank. It's one of only a handful of states to score high on these 92 yardsticks of wealth, poverty and family financial security.
Still, there's work to be done. The organization recommends policies that boost investment in small businesses, enhance housing affordability and enact stronger protections for the customers of payday loan outfits.
Oregon and Idaho received Cs. The feared South Carolina got an F.
Midweek Briefing: Want to know how federal stimulus money is being used? You can track it on the government's site, recovery.gov. Or you can use the more complete and up-to-date information from recovery.com, a site run by Seattle-based Onvia. It also allows commenting so you can rant against, as my emailers term it, SOCIALISM!!
--So the world economy came to the brink of collapse and all the big players learned their lessons, right? Apparently not. According to the Wall Street Journal, a former Moody's analyst-turned-whistleblower says the loose practices of the credit-rating agencies are as bad as ever.
--Still, we can blame and laugh painfully. Vanity Fair published a list of the 100 people, companies and institutions to blame for the crash. Washington Mutual's Kerry Killinger comes in at No. 60. Cute, and accurate. Wish I'd thought of it first.
--UC Berkeley's Brad DeLong offers a critique of the many laissez-faire economists blasting the idea that government can help stimulate the economy during a bust. It shows why faculty disputes are so vicious. Meaty reading wherever you come down on the issue.
--Former Alaska Gov. Sarah Palin flexed her economic-policy muscle in a speech in Hong Kong. The crash, says she, was caused by government excesses (Hmmm, the Bush administration?). Guess she hasn't had time to read up on the excessive risk-taking by the bankers, shadow banking system and mortgage fraudsters. She'll get right back to us, youbetcha.
Today's Econ Haiku:
Obama charms 'em
Then the UN goes back to
Business as usual
Feb 9 - 9:40 AM Less than meets the eye in mortgage settlement
Feb 8 - 3:22 PM Boiling point at the port
Feb 7 - 9:45 AM Chrysler, Dirty Harry and the bailout
Feb 6 - 9:56 AM Inside the jobs report
Feb 3 - 10:13 AM Vote: Should corporations pay more taxes?


- Lakewood cop accused of embezzling $150K meant for slain officers' families
- 3 big health insurers stockpile $2.4 billion as rates keep rising
- Agency set to investigate handling of 911 call about Josh Powell
- Quick decisions: How Washington hired its new football staff
- Historic day for gay marriage as another fight looms
- Justin Wilcox's versatile defensive style is the right fit for Huskies | Jerry Brewer
- It's Terrence Time: Enigmatic Ross leads Huskies
- Social worker recounts minutes before Powell fire
- $25B settlement reached over foreclosure abuses
- Club promoter convicted in brutal 2010 murder of Des Moines prostitute
- Gay-marriage bill passes House, awaits Gregoire's signature
434 - Historic day for gay marriage as another fight looming
346 - Sheriff's office unhappy with 911 dispatcher in caseworker's call
282 - 3 big health insurers stockpile $2.4 billion as rates keep rising
235 - Source: NY, California to sign mortgage settlement
208 - Oregon live game thread
153 - Pac-12 picks ... including the UW game
140 - Lakewood cop accused of taking donations for slain officers' families
114 - Department of Justice owes the Seattle Police Department an apology
88 - Thursday morning links --- and a video!!!
72
- 3 big health insurers stockpile $2.4 billion as rates keep rising
- State Medicaid program to stop paying for unneeded ER visits
- One man's audacious pursuit of sailing history
- Darren Berg gets 18-year sentence for Ponzi scheme
- $25B settlement reached over foreclosure abuses
- A wandering gene's destructive path | Book review
- 'Gauguin and Polynesia': dazzling mix-and-match | Art review
- UW opening incubator facility for startups
- Controversial principal at Lowell Elementary takes job in Tacoma
- Lakewood cop accused of embezzling $150K meant for slain officers' families


