This week Gov. Jay Inslee proposed a state operating budget for 2017-19. It would increase spending by $8.2 billion over the previous biennium - including $3.9 billion more for K-12 education - and raise taxes by $4.4 billion. His tax proposal includes a new capital gains tax. We delve into the details in this podcast.
You can read our quick analysis of his budget proposal here.
The Seattle City Council continues its streak of government-intrusive policies, on Monday unanimously passing restrictions on how much landlords can charge tenants for move-in costs. You can read all about it in The Seattle Times:
New state revenue numbers are out, with good news for the state budget. However, there's still a big budget hole to fill in order to comply with the McCleary ruling, which requires full state funding of basic K-12 education by 2018. We also discuss new employment numbers, as well as the Obama administration overtime rule that's been suspended by a court order, and the latest on the City of Seattle's moves toward more restrictive regulations on employers.
Today we're out with an Economic Profile paper on the Washington State Convention Center addition project in downtown Seattle.
Here are some highlights:
It's finally here, people: Election Day 2016. We've got Seattle Times political reporter Jim Brunner (follow him on Twitter @Jim_Brunner) joining us at the top of the podcast to talk Washington state campaigns, as well as his recent interview with independent Republican presidential candidate Evan McMullin. Next, we ruminate on the campaign season that was, guess who's going to win (we both pick Hillary), and speculate on how the new president - and Democrats and Republicans in Congress - will react.
The Wall Street Journal reported yesterday on a shift in teaching methods by M.B.A. programs:
Business schools are moving away from the case-study method—the long-held standard of business education—and asking students to resolve actual corporate dilemmas in real time.
Bloomberg View has an interesting online debate between economists Tyler Cowen and Noah Smith on "Free Trade and the Populist Backlash."
Bloomberg sets up the debate thusly: