Shapiro: EPA Criticized for Skipping Small Business Advice on Rules

The Environmental Protection Agency has proposed at least five high-profile rules since June 2021 and certified that none warranted a consultation with small businesses and local government agencies. The consultation process is required before proposing regulations that are expected to have a “significant economic impact on a substantial number of small entities.” Stuart Shapiro, a […]

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Hughes: Halloween Treats Win over Inflation

Nationwide, the price of candy was upabout 13% in September compared with a year earlier, according to figures from the federal Bureau of Labor Statistics. Datasembly, a research firm that tracks consumer prices, found one of the sharpest increases among grocery items in the candy aisle. While there’s no data on Halloween costumes in particular, the cost […]

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Paul: Raising Rates is the Wrong Response to the Inflation Crisis

The last year of inflation has disproportionately hurt low-income and nonwhite families — those with the least flexibility in their monthly budgets to absorb higher prices. Now those same groups could be hurt by economic policymakers’ plan to tackle inflation through interest rate hikes, and in potentially longer-lasting ways. “If the Fed slips the economy into recession, what […]

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Hughes: Giant Warehouses are Coming to Jackson

The lack of available construction land around New Jersey ports and along the turnpike, a major north-south freeway, has fueled warehouse growth in the state’s suburban communities, adding Monmouth and Ocean counties, and along nearby connecting highways like Interstate 195. and Route 33, a national highway. “It’s a desperate search for sites that have some […]

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Lahr: How Will the Economy Affect the Midterm Elections?

Prof. Michael L. Lahr, Director, Rutgers Economic Advisory Service (R/ECON™), was quoted on the upcoming elections. “While the economy is on everyone’s radar and will undoubtedly be a reason folks vote for one candidate or another, no candidate (not even the president or the chair of the Federal Reserve Bank) could or will be able to […]

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Lahr: How Will the Economy Affect the Midterm Elections?

Prof. Michael Lahr, Director of Rutgers Economic Advisory Service, was quoted in a Rutgers Today feature on the economy. “While the economy is on everyone’s radar and will undoubtedly be a reason folks vote for one candidate or another, no candidate (not even the president or the chair of the Federal Reserve Bank) could or will be […]

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Pfeiffer on Sick Leave Payout Abuse

A proposed bill would crack down on New Jersey towns abusing unused sick time and vacation payouts to employees following a report that found a “staggering” amount of municipalities violated state law. The bill comes after a report by New Jersey acting State Comptroller Kevin D. Walsh that found nearly all 60 towns his office surveyed […]

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Van Horn: Biases Against Older Workers Unfounded

“Employers have certain biases about older workers,” says Carl Van Horn, founding director at the John J. Heldrich Center for Workforce Development at Rutgers University and professor at the Bloustein School of Planning and Public Policy. “They aren’t tech savvy—wrong. They cost more with healthcare—wrong. They don’t deal well with younger workers—wrong.” The stereotypes are […]

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Hughes Reflects on the 10-year Sandy Anniversary

“People were out of work, restaurant owners lost weeks of sales tax, tax revenues were ultimately changed, and we lost tourism for a long time,” said Bloustein School Dean Emeritus James W. Hughes. Until a rebound would be made in the way of consumer spending, he said, economic losses were somewhat reduced through a surge […]

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