The Economy and Working Pennsylvanians
|June 28, 2010||Posted by M. P. under Federal Government, Policy||
The Keystone Research Center produces an annual report on the status of Pennsylvania’s economy and its impact on working Pennsylvanians. The most recent report, The State of Working Pennsylvania 2009 took the pulse of the economy at a time where it appeared we were careening toward the next Great Depression.
According to the publication, federal intervention to stimulate the economy through American Recovery and Reinvestment Act-related spending and decreases in taxes to the middle class played a role in slowing the economic free fall both nationally and in Pennsylvania. In addition to reviewing the impact of the federal response to the economic crisis, the report puts a spotlight on the longer-term challenges of sustaining economic growth in the Commonwealth and the issue of the ever-shrinking middle class.