Friday, September 16, 2016

Arkansas: More working for less, but at least the houses are cheap

Posted By on Fri, Sep 16, 2016 at 7:06 AM

KATHY DECK: When she's right, she's right.
  • KATHY DECK: When she's right, she's right.
David Smith's report in the Arkansas Democrat-Gazette this morning on the state's drop to second-to-last in U.S. median income contained a nugget of truth worthy of highlighting.

Michael Pakko, the conservative economist at UALR, dismissed our significant departure from the rest of the country in rising prosperity. He said the low cost of living in Arkansas (housing particularly) increases purchasing power and offsets the poor wages.

Then came Kathy Deck, the business establishment's favorite economist, generally a reliable cheerleader, particularly for the Northwest Arkansas quadrant where her Walton benefactors are based.

She said the drop was "obviously" not good news. Then the money quote from Deck, emphasis supplied:

"The cost of living can't be discounted but generally cost of living is higher in places where people have indicated they want to be."
Non-economist Max Brantley observes: Less is less.

If income here rose only 1.7 percent while the national rate increased by more than double that amount, at 3.8 percent, our historically unprecedented work force didn't share the benefit of an economy that apparently made it worthwhile for business to add jobs. With inflation scant and interest rates continuing to be low, you might even  favor the opinion  that somebody must be getting richer in Arkansas,  it just isn't the average worker.

Which is just the way the chamber of commerce here has always liked it.  Poor at the worker level but friendly to business owners.

I'll leave it to frequent contributor Norma Bates to compile a more exhaustive list of reasons why Arkansas might be lower on the list of places people are anxious to live. I'd start with legalized discrimination; disdain for environmental protection, and second-class status, in law and business practice, for people who make up more than slightly half of the state's population (women).

Tags: , , , ,

Favorite

Speaking of...

Comments (20)

Showing 1-20 of 20

Add a comment

 
Subscribe to this thread:
Showing 1-20 of 20

Add a comment

More by Max Brantley

Readers also liked…

  • Blue Hog says Fort Smith police tried to hack into his computer

    Matt Campbell, author of the Blue Hog Report and a Little Rock lawyer, says in a new filing in a long-running lawsuit by a Fort Smith police officer against the department that a computer file sent by Fort Smith officer contained software intended to hack into his computer and make his hard drive unsafe.
    • Apr 14, 2015
  • Federal judge wants John Goodson to explain class action maneuvering

    A show-cause order filed Monday by federal Judge P.K. Holmes of Fort Smith indicates class action attorney John Goodson has some explaining to do about the move of a class action complaint against an insurance company from federal to state court with an instant pre-packaged settlement that has been criticized as a windfall for Goodson.
    • Dec 22, 2015
  • Little Rock School District sued over refusal to release employee's records

    Matt Campbell, a Little Rock lawyer, said he filed a Freedom of Information Act lawsuit today against the Little Rock School District for its failure to provide personnel records of Teresa Gordon, a media specialist at Jefferson Elementary.
    • Apr 14, 2015

Most Shared

  • Department of Arkansas Heritage archeologist resigns

    Bob Scoggin, 50, the Department of Arkansas Heritage archeologist whose job it was to review the work of agencies, including DAH and the Arkansas Highway and Transportation Department, for possible impacts on historic properties, resigned from the agency on Monday. Multiple sources say Scoggin, whom they describe as an "exemplary" employee who the week before had completed an archeological project on DAH property, was told he would be fired if he did not resign.
  • Lessons from Standing Rock

    A Fayetteville resident joins the 'water protectors' allied against the Dakota Access Pipeline.
  • Child welfare too often about 'punishing parents,' DCFS consultant tells legislators

    Reforms promised by the Division of Children and Family Services are "absolutely necessary," the president of DCFS's independent consultant told a legislative committee this morning. But they still may not be enough to control the state's alarming growth in foster care cases.
  • Donald Trump taps Tom Price for HHS Secretary; Medicaid and Medicare cuts could be next

    The selection of Tom Price as HHS secretary could signal that the Trump administration will dismantle the current healthcare safety net, both Medicaid and Medicare.
  • Fake economics

    Fake news is a new phenomenon in the world of politics and policy, but hokey economic scholarship has been around as long as Form 1040 and is about as reliable as the news hoaxes that enlivened the presidential campaign.

Visit Arkansas

Arkansas remembers Pearl Harbor

Arkansas remembers Pearl Harbor

Central Arkansas venues have a full week of commemorative events planned

Most Viewed

  • Little Rock City Board to consider resolution asking legislature to repeal R.E. Lee, MLK Jr. holidays

    Also before the board: A rezoning request to build a Popeye's along Markham and a resolution to rescind a Planning Commission denial of a private wastewater treatment plant outside of city limits.
  • Bills filed to end 'fair dismissal' process for teachers in takeover districts and principals statewide

    Reps. Bruce Cozart (R-Hot Springs) and Mark Lowery (R-Maumelle) have filed two bills aimed at rolling back the labor law that establishes due process for firing teachers and certain administrators in Arkansas.
  • Department of Arkansas Heritage archeologist resigns

    Bob Scoggin, 50, the Department of Arkansas Heritage archeologist whose job it was to review the work of agencies, including DAH and the Arkansas Highway and Transportation Department, for possible impacts on historic properties, resigned from the agency on Monday. Multiple sources say Scoggin, whom they describe as an "exemplary" employee who the week before had completed an archeological project on DAH property, was told he would be fired if he did not resign.
  • The baby penguin open line

    The Little Rock Zoo announced that a new baby penguin was hatched yesterday. It's the seventh chick hatched at the zoo. It's sex won't be known for a couple of weeks, the zoo said. Afterward, the zoo will hold a naming contest. Also, consider this an open line.

Most Recent Comments

Blogroll

 

© 2016 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation