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Economy Troubles

City Life

Marketwatch: Philly Has 2nd-Highest Tax Burden in Country

Marketwatch, which in addition to markets, apparently watches municipal tax burdens, says that only residents of Bridgeport, Connecticut give more of their incomes back to […]

City Life

CNBC’s Jim Cramer Thinks He Knows Philly’s Best Diner

Wyndmoor native and talking (screaming?) head Jim Cramer, has let the world know of his favorite brunch spot in Philly: Morning Glory, in Bella Vista. […]

City Life

Sequester Watch: The Philly-Area Counties With Most Federal Workers

If and when the federal government’s automatic spending cuts kick in at 11:59 tonight, a healthy chunk of federal workers will be furloughed, or will […]

City Life

Preparing For Inevitable Revolution, Penn Students Abandon Money and Reinvent the Barter System

The Daily Pennsylvanian reports on the Penn Timebank, a new bartering system that lets users exchange time for goods and services: “Penn Timebank will operate […]

City Life

9 Ways Pennsylvania is Going to Get Hammered by the Sequester

If you haven’t been paying attention to the “sequester,” you might want to read on. The White House has released state-by-state reports documenting the impact the […]

City Life

Philly Doesn’t Make Forbes’ “Most Miserable Cities” List, but A.C. Does

Who is Forbes to tell us we’re not miserable? But we’ll take it. Forbes’s annual misery index is out, and based off factors like unemployment, […]

City Life

President Obama’s Minimum Wage Misfire

Dear Mr. President: Somebody probably should’ve told you this, but $9-an-hour is still a really crappy wage. I’m glad you thought about the nation’s poorest […]

City Life

Philly Journalism Woes Continue: “Metropolis” Shutting Down

On the day that the Daily News and Inquirer have reached a temporary armistice with its ownership group, another publication has bitten the dust. In […]

City Life

Gas Prices Skyrocketing in Philadelphia

We didn’t want to drive anywhere, anyway: AAA says the gas average rose by 8 cents in the Philadelphia area over the weekend and is […]

City Life

When it Comes to Taxes in Pennsylvania, It’s Good to be Rich

When everybody comes out to vote, (i.e. presidential elections) Pennsylvania’s a blue state. And at least in certain pockets, it behaves much like the northeastern […]

City Life

Website and Petition to “Save Philly Newspapers” Is Launched

A new website called “SavePhillyPapers.org” has launched. You can surmise its purpose. According to an email circulated by newspaper guild Executive Director Bill Ross, the […]

City Life

The Roots Help NBC’s Brian Williams Slow-Jam the Debt Ceiling

Apparently when Jimmy Fallon wants somebody to spice up an incredibly tired, tendentious story about fiscal crises in Washington, he turns to Brian Williams. It’s […]

City Life

How Your Money is Being Spent: Controller Candidate Releases Cool Graphic on Philly Finances

In the race for the least glamorous of Philly’s high-level municipal posts, things are getting pretty web-savvy. First, embittered ex-city auditor Rafael “Ralph” Kaplan launched […]

City Life

GOP to Delay Cataclysmic Economic Crisis Until May

Rather than have another crippling debt ceiling fight (remember when the United States’s credit got downgraded in 2011 because certain members of Congress threatened not […]

City Life

Corbett Basically Breaks No-Tax Pledge; Gas About to Get More Expensive

Tom Corbett is caught between a rock in a hard place: Fund Pennsylvania’s decimated transportation infrastructure, or obey Grover Norquist’s no-tax pledge? It appears he’s […]