Gov. John Kasich's income tax proposal would disproportionately favor Ohio's wealthiest, an analysis from Policy Matters Ohio and the Institute on Taxation and Economic Policy found.
Specifically, the proposal would on average cut taxes by $2 for the bottom 20 percent of Ohioans, $48 for the middle 20 percent and $2,515 for the top 1 percent.
The proposal "may allow low-income Ohioans to buy a slice of pizza a year, on average," Policy Matters claims. "Middle-income Ohioans could purchase a cheap pizza maker. For the state's most affluent taxpayers, on average it would cover round-trip airfare for two to Italy, with some money left over to pay the hotel bill and buy some real Italian pizza."
Under the model, Kasich's proposal would cut Ohio's income tax rates across the board by 7 percent. The goal is to bring Ohio's top tax rate, which kicks in only for income above $208,500, under 5 percent, as the governor previously proposed.
Although a plurality of Americans oppose tax cuts for the wealthy, Kasich and other Republicans consistently push the tax cuts to help what they call "job creators." In the most recent state budget, Kasich and Republican legislators approved another series of across-the-board tax cuts that disproportionately benefited the state's wealthiest.
In the aftermath, economic indicators from conservative, liberal and nonpartisan analysts show Ohio's economy is consistently among the worst performers in the country.
The story is typical for Ohio: In 2005, the state cut income taxes across the board by 21 percent. Since then, Policy Matters found Ohio to be one of just a dozen states that actually lost jobs.
Other research backs up Policy Matters' findings. In a report analyzing tax cuts for the nation's wealthiest, the Congressional Research Service (CRS) found tax cuts for the wealthy aren't correlated with increased economic growth.
"There is not conclusive evidence, however, to substantiate a clear relationship between the 65-year steady reduction in the top tax rates and economic growth. Analysis of such data suggests the reduction in the top tax rates have had little association with saving, investment, or productivity growth," CRS concluded. "However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution."
Meanwhile, Cincinnati's poorest continue to struggle in a vicious cycle of poverty that consumes about 34 percent of the city's population and more than half of the city's children. CityBeat covered poverty and its effects on Cincinnati in greater detail here.
Ohio Secretary of State Jon Husted is pushing local election officials to begin investigating legitimate cases of voter fraud or suppression. He also vowed to continue pushing for uniform voting hours and redistricting. During election season, Husted developed a bad reputation around the nation for suppressive tactics, which CityBeat covered here, but it seems he’s now taking a more moderate tone.
It looks like in-person early voting didn’t rev up the “African-American … voter turnout machine,” as Franklin County GOP Chairman Doug Preisse claimed, after all. New numbers show in-person early voting was
It’s official: Gov. John Kasich won’t privatize
the Ohio Turnpike. Instead, the Republican governor wants to increase
tolls at the rate of inflation and issue bonds backed by the turnpike’s
profits to raise an estimated $3 billion for infrastructure projects — more than 90 percent of which will be in northern Ohio, where the turnpike is located. To
ease the short-term burden of the plan, tolls for local passenger trips
using E-ZPasses will be frozen at current levels for 10 years. In a video
unveiling the announcement, Kasich says the projects could generate an
estimated 75,000 jobs. To most, the plan, which will require approval
from the legislature, probably seems like a fairly liberal proposal: use
a public asset to leverage revenue, then use the revenue on a large,
statewide stimulus program. But Democrats are criticizing the plan
because they say the toll hike will hurt individuals, families and businesses
that use the Ohio Turnpike. Let the eye-rolling at blatant politicking begin!
City Council is getting ready to approve the budget today. The final plan has made a few tweaks to City Manager Milton Dohoney’s proposal. Parking privatization will remain, but the budget will provide a one-year stopgap in funding for Media Bridges. Previously, all of Media Bridges’ funding was being cut, which CityBeat wrote about here. The plan will also keep the mounted patrol unit, maintain income tax reciprocity and restore funding for human services and arts grants.
Will Cincinnati-based Kroger soon own Twinkies? It’s possible. The grocery store giant is considering buying Hostess brands in the aftermath of Hostess’ bankruptcy. CityBeat previously wrote about the Hostess bankruptcy here.
A study found a gap in Hamilton County’s housing stock. The report suggests the county doesn’t need any more housing than it already has; instead, it should build on current properties. The report also found vacant housing that isn’t for sale and serves no purpose has increased by 107 percent.
The Cincinnati/Northern Kentucky International Airport has unveiled a new master plan. It’s proposing $450 million in projects.
The Hamilton County recorder’s office will remain open on Fridays. The office was previously planning to close every Friday due to funding cuts, but restored funds have made staying open possible.
In its last session of the year, the Ohio Senate approved redistricting reform 32-1. The House could not take up the measure before the end of the lame-duck session, but the vast bipartisan support could be a good sign for next year’s legislative session. Redistricting is widely used by politicians to redraw district boundaries in politically beneficial ways. The First Congressional District, which includes Cincinnati, was redrawn during the Republican-controlled process to include Republican-leaning Warren County, effectively diluting Cincinnati’s Democratic-leaning urban vote in the district.
Ohio lost more residents than it gained last year, but the trend might be reversed by a growing economy. Economic improvements have already slowed down what Dayton Daily News calls an “exodus.”
A new Ohio law would increase the amount of auto insurance motorists are required to carry.
A drop in gas prices lowered U.S. consumer prices by 0.3 percent.
NASA discovered the largest river ever seen on another world. The river is on Titan, Saturn’s largest moon, and it is made up of hydrocarbons. The river is still unnamed, so I encourage everyone to email NASA to name the river the German Lopez River here.
Climate change isn’t just bad for humans. It will also hurt cuddly land mammals.
Since it's an election year, it must be about time for pandering by lawmakers seeking to keep their offices. Cue U.S. Rep. Steve Chabot (R-Westwood), who is proposing a bill in response to fears about an influx of publicly subsidized housing for the poor into suburban areas. Chabot wants to impose time limits and work requirements on most people who get Section 8 federal housing vouchers. If approved, the bill would impose a five-year time limit on Section 8 recipients and require those 18 and older to work for at least 20 hours each week. Even if the measure passes the House, it's unlikely to pass the Senate and be signed by President Obama, leaving us to wonder what Chabot's true motive is. Any guesses?
Believe it or not, Cincinnati is Ohio's wealthiest city, sort of, according to a Business Courier study of U.S. Census data. A total of 3.7 percent of households in the Cincinnati-Middletown metropolitan area have income of $200,000 or more. The No. 2 metro area in the state was Columbus, with 3.63 percent of its households earning that much. Of course, the rankings involve entire regions, not just the city itself, and Greater Cincinnati includes such affluent enclaves like Indian Hill, Mason and West Chester Township. (Suck on it, Bexley.)
Crews from Duke Energy are investigating what caused an explosion and fire under a downtown street on Tuesday. The blast happened under the intersection of Fourth and Main streets at about 9 a.m., and both streets were blocked for much of the day. No one was injured in the mishap.
Brad Wenstrup, a podiatrist from Columbia Tusculum who scored an upset victory Tuesday in the GOP primary against U.S. Rep. Jean Schmidt (R-Miami Township), is crediting grassroots organization for his unlikely win. Wenstrup and his surrogates actively campaigned in all corners of the sprawling 2nd Congressional District, which was recently redrawn through redistricting. Although Wenstrup portrayed himself as a moderate when he sought his first political office, in the Cincinnati's mayor race in 2009, his latest campaign positioned him as a darling of the Tea Party movement.
The American Red Cross has established a hotline for Clermont County residents to call if they have an immediate need for housing as a result of last Friday's tornadoes and severe thunderstorms. The number is 513-579-3024.
Despite rumors to the contrary, U.S. Rep. Dennis Kucinich (D-Cleveland) said he won't move to Washington state to run for one of the three open congressional seats there. The longtime progressive congressman lost in Tuesday's Democratic primary against U.S. Rep. Marcy Kaptur. The two lawmakers recently were redistricted into the same area. Kucinich told reporters Wednesday he will stay on and represent his Cleveland district through the end of his term in January 2013. He would have to resign his current seat if he were to move to Washington state to establish residency for a campaign there.
In news elsewhere, U.S. intelligence officials are monitoring the transfer of millions of dollars to foreign accounts by wealthy Syrians who have ties to President Bashar al-Assad. The officials are trying to determine whether the transfers mean Assad's regime is weakening or if the elites are merely hedging their bets. Assad is under increasing international pressure due to his violent crackdown on anti-government protestors during the past year.
Meanwhile, a Syrian deputy oil minister says he is resigning to join the revolt against the government. Abdo Hussameddin, 58, announced his defection in a video posted on YouTube.
The Obama administration is being criticized for how it treats whistleblowers who reveal instances of misconduct in the public and private sectors. In recent years, the White House has set a record by accusing six government employees, who allegedly leaked classified information to reporters, of violating the Espionage Act, a law dating to 1917. Also, it is alleged to have ignored workers who have risked their careers to expose wrongdoing in the corporate and financial arena, even though there are laws available to protect them.
The House is expected to vote today on a jobs bill that would mark rare agreement between the Obama administration and House Republicans, CNN reports. The proposal is comprised of six measures aimed at removing barriers to small business investment.
In-person early voting is underway in Ohio. Find your nearest polling booth here.
In case you missed it, CityBeat is hosting a party
for the final presidential debate at MOTR Pub in Over-the-Rhine. There
will be live tweeting, and Councilman Chris Seelbach will be on-hand to discuss this year's key issues. Even if you can’t come, make sure to live tweet during the
presidential debate using the hashtag #cbdebate. More info can be found
at the event’s Facebook page.
A new study found redistricting makes government even more partisan. The Fair Vote study says redistricting divides government into clear partisan boundaries by eliminating competitive districts. In Ohio, redistricting is handled by elected officials, and they typically use the process for political advantage by redrawing district boundaries to ensure the right demographics for re-election. Issue 2 attempts to combat this problem. If voters approve Issue 2, redistricting will be taken out of the hands of elected officials and placed into the hands of an independent citizens commission. The Republican-controlled process redrew the First Congressional District, which includes Cincinnati, by adding Warren County to the district. Since Warren County typically votes Republican, this gives an advantage to Republicans in the First Congressional District. CityBeat previously covered the redistricting reform effort here.
Democratic incumbent Sherrod Brown and Republican challenger Josh Mandel will face off in another debate for Ohio’s seat in the U.S. Senate today. The two candidates met Monday in a feisty exchange in which the men argued over their records and policies. Brown and Mandel will face off at 8 p.m. The debate will be streamed live on 10TV.com and Dispatch.com. Currently, the race is heavily in Brown’s favor; he is up 5.2 points in aggregate polling.
Cincinnati is moving forward with its bike sharing program. A new study found the program will attract 105,000 trips in its first year, and it will eventually expand to 305,000 trips a year. With the data in hand, Michael Moore, director of the Department of Transportation and Engineering, justified the program to The Business Courier: “We want Cincinnatians to be able to incorporate cycling into their daily routine, and a bike share program will help with that. Bike share helps introduce citizens to active transportation, it reduces the number of short auto trips in the urban core, and it promotes sustainable transportation options.”
Cincinnati’s school-based health centers are showing promise. Two more are scheduled to open next year.
Echoing earlier comments by Ohio Secretary of State Jon Husted, Ohio Senate Republicans are now talking about using the lame duck session to take up a bill that would set standard early voting hours and tighten voting requirements. Republicans are promising broad consensus, but Democrats worry the move could be another Republican ploy at voter suppression. Republicans defend the law by saying it would combat voter fraud, but in-person voter fraud isn’t a real issue. A recent study by the Government Accountability Office found zero examples of in-person voter fraud in the last 10 years. Another investigation by News21 had similar results. Republicans have also justified making voting tougher and shorter by citing racial politics and costs.
A Hamilton County judge’s directive is causing trouble. Judge Tracie Hunter sent out a directive to hire a second court administrator because she believes the current county administrator is only working for the other juvenile judge. The county government is trying to figure out if Hunter has the authority to hire a new administrator.
This year’s school report card data held up a long-term
trend: Public schools did better than charter schools. In Ohio, the
average charter school meets slightly more than 30 percent of the
state’s indicators, while the average traditional public school meets 78
percent of the state’s indicators, according to findings from the
education policy fellow at left-leaning Innovation Ohio. The data for
all Ohio schools can be found here.
Some in the fracking industry are already feeling a bit of a bust. The gas drilling business is seeing demand rapidly drop, and that means $1 billion lost in profits. CityBeat wrote in-depth about the potential fracking bust here.
Ohio student loan debt is piling up. A report by Project
on Student Debt says Ohio has the seventh-highest student loan debt in
the nation with an average of $28,683 in 2011. That number is a 3.5
percent increase from 2010.
What if Abraham Lincoln ran for president today?
Eternal Sunshine of the Spotless Mind could soon be reality. Scientists are developing a drug that removes bad memories during sleep.
In-person early voting is underway in Ohio. Find your nearest polling booth here.
A City Council committee approved $13.5 million that will be going to Over-the-Rhine development. Of that money, $6 million will go to the second phase of the Mercer Commons project, which is being developed by Cincinnati Center City Development Corporation (3CDC). The rest will help 3CDC redevelop 18 different buildings that are mostly around Washington Park. City Council will vote on the funding today.
Cincinnati’s unemployment rate dropped to 6.9 percent, but the drop was mostly attributed to people leaving the labor force. Between September 2011 and September 2012, Cincinnati’s labor force has actually shrunk. Still, more people were employed in September 2012 than were employed in September 2011.
The Port of Greater Cincinnati Development Authority is asking Cincinnati for $8.5 million to secure a Jordan Crossing shopping center project at Bond Hill. The funds would pay for the demolition, site preparation, marketing and redevelopment of the project.
In the second wave of interim results from an ongoing investigation into Ohio schools’ attendance data reporting, State Auditor Dave Yost found no evidence of attendance scrubbing in schools with levies on the 2012 ballot. The investigation included Cincinnati Public Schools, which means CPS was found to be clean. In a statement, Yost said, “I’m surprised and pleased. To have zero incidents of ‘scrubbing’ is encouraging news.” The full findings for both interim reports can be found here.Clifton is set to get a neighborhood grocery store soon. The neighborhood has been without one since January 2011. City Council’s Budget and Finance Committee helped spur the new project with a tax abatement program.
The Hamilton County Board of Commissioners held a budget hearing yesterday, but not much new information came out. Board President Greg Hartmann insists public safety is a priority, but he says the sheriff’s office will have to deal with some across-the-board cuts. The cuts won’t include closing the jail, decreasing courtroom security or eliminating contracts with townships for patrols. The board has two more public meetings on Oct. 29 and 30.
The controversial billboards accused of attempting to suppress voters are being taken down by Norton Outdoor Advertising, the Cincinnati company that hosted the billboards. Meanwhile, P.G. Sittenfeld and Lamar Advertising Company, a different billboard company, are putting up 10 billboards that read, “Hey Cincinnati, voting is a right not a crime!” The new billboards are supposed to encourage voting.
The University of Cincinnati has a new president: Santa Ono. The official promotion was unanimously approved by the UC Board of Trustees. Ono has been serving as interim president since Aug. 21, when former President Greg Williams suddenly resigned due to “personal reasons.”
The Cincinnati Enquirer is being accused of age discrimination in a recently amended lawsuit. In the lawsuit, eight former employees claim they were fired and replaced with younger, less qualified employees.
A new rumor is going around that says it’s possible to tamper with voting results, but fact checkers and election officials are saying it’s not possible. The rumors started due to the Romneys’ investments in an electronic voting company.
The Ohio Environmental Protection Agency is celebrating its 40th anniversary. Here is a list of some of the department’s accomplishments: The amount of rivers meeting aquatic life standards went from 21 to 89 percent between the 1980s and today, carbon monoxide in the air is down 80 percent since the 1970s, sulfur dioxide is down 71 percent, lead is down 95 percent and 99 percent of community public water systems now meet health standards, up from 85 percent in 1993.
Miami University says it will discipline two students responsible for putting up an offensive flyer about getting away with rape in a coed dorm bathroom.
Metro revealed its plans for an Uptown Transit District. The district, which will cost Metro $6.9 million, is meant to better suit the needs and growth of Uptown.
Two Democratic state lawmakers are planning legislation to slow down the privatization of the Ohio Turnpike. Gov. John Kasich’s administration is currently paying $3.4 million to KPMG, a private consulting and accounting firm, to study whether leasing the turnpike to the highest private bidder would benefit the state. Kasich says he could use the money saved for transportation projects all around the state. But northern Ohio residents do not seem happy with giving up a valuable asset they helped invest in, especially if the revenue from the Ohio Turnpike goes to regions outside of northern Ohio.
There's more evidence sushi sucks. Popular Science has an article and graph showing how raw food kept primates stupid.
With a push from Vice Mayor Roxanne Qualls and City Council approval, the Homeless to Homes plan is moving forward. The shelter-moving plan, which was originally put together by Strategies to End Homelessness, will use $37 million in loans to build new shelters for the Drop Inn Center, City Gospel Mission and the YWCA. But some homeless advocates have criticized the plan because it forces them to move homeless shelters they don’t want to move. Josh Spring, executive director of the Greater Cincinnati Homeless Coalition, says the money could be spent better developing affordable housing and creating jobs to help eliminate homelessness.
Just one day after President Barack Obama’s re-election, one left-leaning Ohio group was already making demands. They want federal unemployment benefits renewed. The group’s research director, supported by economic data, says the expiration of those benefits could have bad repercussions for the unemployed and the federal and state economies.
Meanwhile, Cincinnati investment professionals are beginning to renew worries about the federal fiscal cliff. The fiscal cliff, which includes emergency unemployment benefits, is a mix of tax hikes and budget cuts set to automatically occur at the end of the year. The Congressional Budget Office, the nonpartisan agency that measures the impact of federal budgets and policy, has warned about the fiscal cliff’s potential economic damage. Federal Reserve Chairman Ben Bernanke has also warned lawmakers about the fiscal cliff.
A state appeals court ruled today that the city of Cincinnati is allowed to reduce retirees’ health benefits. The cuts in benefits are meant to shore up the city’s pension plan, but retirees, including former City Clerk Sandy Sherman, filed a lawsuit arguing the benefits can only be increased, not decreased. The case could still move to the Ohio Supreme Court.
Hamilton County’s new Democratic sheriff, Jim Neil, is already making plans. He says he favors alternative sentencing to deal with jail overcrowding, and he wants to audit and restructure the sheriff department’s budget to cut waste.
Ohio Attorney General Mike DeWine will be in Cincinnati Thursday to unveil Cincinnati’s first prescription drug drop box. The drop boxes are meant to reduce prescription drug abuse and improper ingestion.
A sign of what could come to Cincinnati next spring: Columbus’s casino reported $18.3 million in revenue for its first month. Cincinnati’s Horseshoe Casino is currently being constructed and is expected to open in spring 2013.
Blue Ash-based Empire Marketing Strategies is buying a plant site in Mason for about $820,000, and it could create 200 jobs.
In case you missed it, CityBeat posted comprehensive election results for Cincinnati, Hamilton County, Ohio and the U.S.
State Democrats and Republicans have an explanation for two incumbents losing in the Ohio Supreme Court: names. On Democrat William O’Neill defeating Republican incumbent Robert Cupp, Ohio Republican Party Chairman Robert Bennett said O’Neill won because he has an Irish-American name. Ohio Democratic Party Chairman Chris Redfern said, “Sharon Kennedy is a great ballot name. That’s why she won.” Redfern says he will introduce legislation that will require party affiliation to appear on the Ohio Supreme Court ballots.
The election didn’t change much in the Ohio Board of Education. It remains five Democrats and six Republicans.
Councilwoman Laure Quinlivan said the approval of Issue 4, which extends City Council terms to four years, will be good for local business. She argues “there’s a great business case to be made for having a more stable and reliable local government.”
While marijuana was legalized in some states, Butler County led what it believes is its biggest marijuana bust in history. More than 900 lbs of marijuana were seized.
Bill Cunningham, local conservative radio talk show host, may retire due to Obama’s re-election. Oh well.
In the story of another conservative meltdown, CityBeat has a special letter for the Lebanon tea party: We’re sorry.
Perhaps the national media’s most under-reported story of election night was that Puerto Ricans favored statehood in the polls for the first time. If Congress and Obama act, the island could become the 51st state.
Popular Science has an open letter to President Barack Obama. While they like how Obama generally supports science funding more than a President Mitt Romney would, they want Obama to do more.
A Purcell Marian High School administrator was fired for declaring his public support for same-sex marriage. Mike Moroski, who was the assistant principal at the Catholic school, wrote about his support for LGBT equality on his personal blog. Following the blog post, Moroski claims he was given an ultimatum by the Archdiocese of Cincinnati to resign or recant his statements. CityBeat covered same-sex marriage and the amendment that could bring marriage equality to Ohio here.
A board vote failed to remove State Board of Education President Debe Terhar from her position. In response, Ohio Democrats filed a lawsuit seeking access to her cell phone and other records. Terhar has been receiving heavy criticism for a Facebook post that compared President Barack Obama to Adolf Hitler. CityBeat wrote about Terhar’s ridiculous Facebook post here.
Cincinnati Public Schools and Winton Woods City Schools were among nine city school districts found to be scrubbing attendance data by the state auditor. The school districts claim most the errors were simple mistakes, not intentional manipulation of data. Both the auditor and schools agree state policy is too confusing and must change.
The city of Cincinnati is beginning the process of sorting through construction bids for the streetcar. Three bids ranging from $71 million to $87 million have already come to light, according to The Cincinnati Enquirer. The bids could push up the price tag on the streetcar, but Meg Olberding, city spokesperson, cautions the process is barely starting. CityBeat covered the streetcar and how it relates to the mayor’s race here.
Cincinnati is speeding up the demolitions of condemned buildings this year, particularly buildings near schools and family zones.
A new report from the Ohio Department of Job and Family Services found employment in the shale industry was up 17 percent in the first quarter of 2012. Critics caution the jobs aren’t worth the risks — pointing to a number of environmental and health concerns related to hydraulic fracturing, or “fracking.” CityBeat wrote about fracking and its extensive problems here.
One in 25 students in Columbus schools are restrained or secluded. The state’s lax seclusion policies have been under heavy criticism in the past year following the discovery that school staff were using seclusion for convenience, not just to restrain students.
On Wednesday, Metro staff will be holding a security exercise meant to gauge counterterrorism capabilities. Metro bus service will not be affected.
The Horseshoe Casino pays homage to Liuzhou, China — Cincinnati’s sister city of 25 years.
The chief curator resigned from the Cincinnati Art Museum.
A Cincinnati woman was charged with helping her daughter beat up a student during a classroom brawl.
Curiosity is officially the first robot to drill another planet.
Vice Mayor Roxanne Qualls is asking the city administration to complete construction of the streetcar in time for the 2015 Major League Baseball All-Star Game, which will be hosted in Cincinnati. A letter from Qualls to City Manager Milton Dohoney and Mayor Mark Mallory explains her reasoning: “This may present a challenge, but it is one I am sure the administration is capable of meeting. The streetcar will serve a critical role in efficiently and effectively moving visitors to and from Great American Ballpark and allowing them to conveniently visit other venues such as Fountain Square, Horseshoe Casino, Over-the-Rhine, Washington Park, etc.” CityBeat covered the streetcar’s delays and how the project relates to the 2013 mayor’s race here.
Gov. John Kasich will reveal his plan for funding Ohio schools today. The plan is expected to include a $300 million “innovation fund” to support school initiatives that improve teaching and learning. In a previous interview, Rob Nichols, Kasich’s spokesperson, explained the troubles of establishing a plan: “Many governors have tried before. Many states have been sued over their formulas. It’s something we have to take our time with and get it done right.”
City Council passed a resolution urging Kasich to expand Medicaid. Qualls explained the need for the resolution: “Expanding Medicaid will create a net savings to the state over time, allow the City’s health department to improve access to health services at lower costs, and most importantly, provide health care coverage for thousands of Cincinnati residents who need it most.” A study from the Health Policy Institute of Ohio found a Medicaid expansion would save the state money for the first few years. Previous studies also found correlations between improved health results in states and a Medicaid expansion, and a study from the Arkansas Department of Human Services claimed Arkansas would save $378 million by 2025 with the Medicaid expansion.
A new report found poverty is increasing in Ohio. About one in six Ohioans are below the federal poverty line, according to the Ohio Association of Community Action Agencies report.
About $100 million in development downtown is kicking off today. City officials and business leaders are gathering for the groundbreaking this morning of a lot at Fifth and Race streets that has idled for nearly 30 years. The lot will host the new four-story headquarters for DunnhumbyUSA.
Kasich says Ohio will continue taking Ky. jobs in the future. The rough words are Kasich's interesting approach to encouraging Ky. legislators to support the Brent Spence Bridge project.
Ohio Attorney General Mike DeWine issued a scam alert telling businesses to be wary of emails claiming to be from the Federal Trade Commission or FTC.
Miami University broke its application record.
A Wright State professor saved Cincinnati-based Kroger more than $170 million with his work on more accurate pharmaceutical predictions. The professor, Xinhui Zhang, is now one of the six finalists worldwide for the Franz Edelman Award.
Ohioans now have a phone number to report cases of child abuse or neglect: 855-O-H-CHILD, or 855-642-4453. Reports can be anonymous.
Humanity is one step closer to the inevitable robot apocalypse. GE's hospital robot can sort scalpels, sterilize tools and prepare operating rooms for surgery.
It’s only one day after President Barack Obama’s re-election, and some groups are already demanding action. In a new report by left-leaning Policy Matters Ohio, the group says the expiration of federal unemployment benefits could leave Ohio’s jobless stranded.
“If Congress doesn’t renew federal benefits, the impact in Ohio will be immediate and negative,” said Zach Schiller, research director for Policy Matters, in a statement. “Not only will the unemployed suffer, but the state economy will take a hit as well.”
If Congress and the president do not act by Dec. 29, funding for emergency unemployment benefits approved in mid-2008 will be cut off. Nearly 50,000 Ohioans have been getting federally supported benefits every week, and “the bulk” will be cut off if funding expires, according to the report.
Even without expiration, Ohio is already in a bad spot when it comes to insuring the jobless. Altogether, the number of unemployed receiving benefits is lower than the national average, according to the report. Since 2001, Ohio’s unemployed have received fewer benefits than the national average. In 2011, 63 percent of Ohioans who filed claims received payments, while 71 percent of claimants all around the country got benefits.
The state program seems to be particularly weak. In 2012, the amount of unemployed Ohioans getting state benefits was 22 percent, while the national share was about 26 percent. The report shows getting fewer benefits in Ohio has been the majority trend for at least 29 years.
One statistic that drives the report’s point home is the fact the state only provides up to 26 weeks of benefits, yet the average unemployed Ohioan is jobless for 33.5 weeks, according to the U.S. Bureau of Labor Statistics. That means the average unemployed Ohioan would be left without unemployment benefits for 7.5 weeks if the federal program did not exist.
And it’s not like the benefits offer an easy ride. The benefits “are hardly magnificent,” says Schiller. “Three-hundred dollars a week, you’re not going to take a jet to Tahiti and spend time on the beach with that kind of money. So, in fact, what people do with their $300 a week is spend it on necessities and in their communities.”
Schiller says the trend is poor economics, and the federal and state government should make sure Ohio’s unemployed continue getting benefits they need.
“When I was in high school, we heard of unemployment insurance as what was called an ‘automatic stabilizer,'" he says. “When the economy went into a dive, you would see increases in unemployment insurance that would automatically help stabilize the economy. This was seen by economists as a very useful and important thing that would reduce the depth of recessions.”
Schiller’s claim is backed by economic data. In a May 2012
report, the Congressional Budget Office (CBO), the nonpartisan agency
that measures the effect of federal budgets and policy, said the repeal
of extended emergency unemployment benefits would lower spending by $26
billion in the 2013 fiscal year. It would also increase the deficit,
according to the CBO report: “The weakening of the economy that will
result from that fiscal restraint will lower taxable incomes and,
therefore, revenues, and it will increase spending in some categories —
for unemployment insurance, for instance.”
Unemployment compensation also kept 2.3 million people from falling into poverty in 2011, according to the U.S. Census Bureau.