An Open Letter to the Business Community

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After a six-month pleasure cruise in electoral politics, I’m glad to say I’m back at the helm of Economic Growth DC. The business community is filled with extremely smart, capable people. It knows what’s happening to the District’s economy, especially its labor market. Please do something! Continue to sit on your hands, and you guarantee… Read more »Read more

Poverty is a Symptom, Unemployment is the Disease

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  By Dave Oberting   To no one’s surprise, poverty is not spread evenly throughout the District of Columbia. Only six percent of the District’s white residents live in poverty. For Hispanics, the rate is 23% and for African-American District residents it’s 36%. The most important statistic in all of the poverty debate is this… Read more »Read more

The Most Fundamental of All Entitlements

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  By Dave Oberting   Proposition Here is the proposition that underlies all that we do at Economic Growth DC: the right to a decent full-time job is the most basic and fundamental entitlement of them all. It is the cornerstone of social justice. It is the foundation of human dignity. We often forget that… Read more »Read more

Current Economic Conditions in the District of Columbia

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  When a visitor comes to the District, they look around and see dozens of construction cranes, 300 shiny new restaurants opened in just the last two years and inevitably think the District must be booming. There are certain segments of the economy that are doing well and affluent residents have benefitted tremendously, but there is… Read more »Read more

Economic Growth DC’s Agenda

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“The District’s economy needs to grow at a significantly faster rate in order to create the number and kinds of jobs we’ll need over the next generation. Faster growth is required to increase the incomes of District residents, and we need it to produce the amount of tax revenue we’ll need to do the things… Read more »Read more

One Small Example of a Better Way to Regulate

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  In this article in the Washington Business Journal, reporter Michael Neibauer writes about an upcoming regulatory change by the District’s Department of the Environment:  The District is proposing to prohibit non-road diesel engines from idling for more than a few minutes at one time, citing the emissions spewed by the equipment and the environmental and… Read more »Read more

Where to Start with Regulatory Reform Part II

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In a previous post, Where to Start with Regulatory Reform, we made the case for changing the incentives that govern the way regulators are measured and compensated. Today, we offer a starting point for the District’s regulatory reform efforts: The Problem In a Washington Post article dated July 10th about Aetna’s withdrawal from the DC… Read more »Read more

Justice Denied in Washington, DC

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  By Dave Oberting   My White Privilege I was born into a middle-class Midwestern family. Both my parents were teachers. They stayed married to each other for 37 years until my father passed away about a decade ago. The neighborhoods I grew up in were safe and secure — the kind of neighborhood where you could leave… Read more »Read more

About Criminal Justice Reform

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658,893 people call the District of Columbia home. Approximately 60,000 of those residents have at least one criminal conviction and have spent at least some time in prison. It is believed that 50-55% of that group is unemployed. The number is a little lower for women, and a little higher for men, but in that… Read more »Read more

The District’s Economy by Industry 2014

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State-level GDP figures for 2014 were released on June 10th. Click below to see how the District’s $105.02 billion economy is broken down by industry. Economic Growth DC is working with the District’s Office of Tax & Revenue to properly define, classify, and calculate the District’s “technology” sector, as well as the “creative economy.” The industries highlighted… Read more »Read more