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Featured Articles

Ohio Needs More, not Fewer, Companies like Skybus

By Sam Staley, Ph.D

Let the hand wringing begin. How could a promising company like Columbus-based start up Skybus go bust so quickly? Could we have done anything to prevent its demise?

The answer is no. It's a sobering answer for Ohio-based entrepreneurs, state policymakers, and the future of the state economy.

But the lesson for Ohio's economic future is not in Skybus's bankruptcy. It's in the fact it started up at all. We need more, not fewer, Skybuses.

Read the full article


Buckeye Voices

In this week's Buckeye Voices podcast, National Review Reporter Stephen Spruiell joins David Hansen on Buckeye Voices to discuss his article Factory-Sized Deception - Obama, Freely Trading in Dishonesty. Spruiell argues that Barack Obama's campaign misled Ohio voters by blaming NAFTA for specific plant closings in Ohio.

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No Need to Stop Charter Schools

The Dayton Daily News reports, "State Rep. Clayton Luckie, D-Dayton, said Monday that Dayton already has too many charter schools and that he is proposing legislation to put a moratorium on the establishment of new for-profit charter schools."

In The Real Story Behind the Charter School Cap, Buckeye Institute Education Policy Director Matt Care notes, "Compared to government-run schools, charter schools provide comparable or superior instruction and more conducive learning environments because of the market forces to which charters must constantly respond. Indeed, this is the entire theoretical foundation behind school choice in the first place: competition makes organizations better, more efficient, and more responsive to the needs of clients (in this case parents and students)."

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Taking Away Ohioans' Financial Options

"House Democrats on Thursday united behind a proposed 36 percent interest rate cap on payday loans and asked Republican Speaker Jon Husted for a vote on the measure," according to the Cleveland Plain Dealer.

In The Sound and Fury over Payday Lending, Buckeye Institute analyst Marc Kilmer writes, "It is presumptuous to second-guess the financial decisions of people who take payday loans. Most are not the ignorant borrowers portrayed by the opponents of payday lending. Instead, they are making an informed choice that is rational to them. Only the borrower knows his or her true financial needs and preferences. Advocates and politicians need to stop treating payday borrowers like children. Most are making a choice that makes sense for them. Others may make a bad choice, but it is impossible to legislate good financial sense."

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Misplaced Blame on Trade

The Cleveland Plain Dealer reports, "Both [Hillary] Clinton and her Democratic presidential rival Sen. Barack Obama are criticizing liberalized trade agreements as they campaign for blue-collar votes in Pennsylvania, where shuttered factories speak of a decline in manufacturing."

In Ohio and NAFTA Revisited, Buckeye Institute advisor Joseph Zoric writes, "Our political leaders would like us to believe that NAFTA is to blame for the decline of manufacturing jobs in the country. It is true that in the fourteen years since NAFTA began, 2.7 million manufacturing jobs have been lost. However, in the fourteen years before NAFTA, 2.7 million manufacturing jobs were lost. In fact, manufacturing employment as a percentage of all jobs has been declining since 1944 while manufacturing output has been rising in absolute terms. This trend is caused by increased productivity brought about by technological advancements in manufacturing which began long before NAFTA or the recent advancement in global trade."

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Buckeye Institute in the News

In his weekly New York Sun column, Buckeye Institute Ronald Reagan Distinguished Fellow Ken Blackwell discusses Barack Obama.

NBC 4 in Columbus quoted David Hansen in a story on the closure of Skybus airline.

The Hillsboro Times-Gazette published David Kirkpatrick's column on school reform.

Your feedback on this Bulletin summarizing the week's news and commentary in Ohio would be greatly appreciated. Should you have any comments or questions, suggestions on others who might be interested in receiving the Bulletin, please contact the editor, Marc Kilmer at mkilmer@buckeyeinstitute.org.

For up to the minute commentary from the Buckeye Institute be sure to visit our blog.

© 2005 The Buckeye Institute for Public Policy Solutions, All rights reserved.