1:06pm: Former Penn State football coach Jerry Sandusky waived his right to a preliminary court hearing, which means his case goes straight to trial. We’ll get an update on those developments. 1:12pm: An economic historian says businesses and governments don’t drive growth and never have—consumer spending does. James Livingston has written about his controversial theory… Continue reading Sandusky Case Goes Straight to Trial, Economic Historian Says Spending Will Save the Economy, EPA Will Unveil Stricter Rules For Power Plants: Today on Here and Now
A recent U.S. Supreme Court decision may not affect Kentucky laws, but it will affect voters. The court struck down an Arizona law that essentially gave publicly-funded candidates more money to match successful privately-funded opponents. Senate Minority Leader Mitch McConnell praised the ruling, saying the law punished successful candidates. University of Louisville Professor Sam Marcosson… Continue reading Supreme Court Ruling Further Equates Spending to Speech
Rural areas often see the effects of altered spending first. Of course, Louisville benefits from federal spending as well. Many previously-proud earmark earners say now is the time to end the process and close the deficit. Others, however, argue that in times of recession, a balanced budget should not be a high priority.
The Louisville Metro Council’s Government Accountability and Oversight committee is preparing to review an ordinance that increases transparency for city spending.
The slowing economy has been marked by a burst in the housing bubble and a drop in consumer spending, both of which could lead to a long-term change in American’s spending habits.