Wednesday, November 28, 2012

RI – What Went Wrong: The Carcieri Effect

RI unemployment, compared to the USA overall
(click to enlarge)
The first article in a series by Samuel Bell on RIFuture.org.

It may be hard to remember now, but ten years ago, Rhode Island’s unemployment rate was below the national average. Today, of course, it’s the second highest in America. Only Nevada has a worse jobs picture. Clearly, something went very badly wrong. The question is what.

In a multi-part series that will be published throughout this week, I’ll get into the weeds on the specific reasons Rhode Island fell behind. A common theme will be how so many (but not quite all) of the problems originated with the man who is now, as Scott MacKay puts it, “retired in his Saunderstown manse by the sea, hiding from the media and the taxpayers he so avidly fleeced.”

Read the rest of this article on RIFuture.org, along with lively reader discussion, here.

I am the Rhode Island State Coordinator for the Progressive Democrats of America. My primary interest is Rhode Island's economy and what we can do to fix it.