Word: nevadas
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...there any change in the pattern of where houses are falling into foreclosure? We're seeing two trends. One is we're starting to see an increase in secondary metropolitan markets. It's not just Las Vegas in Nevada anymore, it's Reno. It's not just Phoenix in Arizona, but it's Prescott. I think that's really tracking the buying patterns that we saw a few years ago. The other trend is, if you follow unemployment patterns, you're seeing pretty significant increases in foreclosure in places that have been hit hard by unemployment. So Fayetteville...
...allowing individual states to opt out. His sales pitch is three-pronged. First, he says, studies have shown that government competition is the most effective means of keeping down costs. Second, polls show that most Americans want a public option; conveniently some have even begun surfacing in states like Nevada and Arkansas (Reid and Lincoln are two of the most endangered incumbents) showing surprisingly strong support. And third, Schumer has co-opted the language of state-rights, small-government Republicans. "I've never seen an issue where every Democrat really wants us to succeed, from the most conservative...
...apocalyptic mess of raging wildfires, soaring unemployment, mass foreclosures and political paralysis. It's dysfunctional. It's ungovernable. Its bond rating is barely above junk. It's so broke, it had to hand out IOUs while its leaders debated how many prisoners to release and parks to close. Nevada aired ads mocking California's business climate to lure its entrepreneurs. The media portray California as a noir fantasyland of overcrowded schools, perpetual droughts, celebrity breakdowns, illegal immigration, hellish congestion and general malaise, captured in headlines like "Meltdown on the Ocean" and "California's Wipeout Economy" and "Will California Become America...
...California, to borrow a phrase, will be back. It's been stuck in an awful recession - not quite as awful as Nevada's - but it's getting unstuck. It's made nasty cuts to close ugly deficits, but it hasn't had to release prisoners or close parks, and its IOUs are being paid. Its businesses aren't fleeing to Nevada or anywhere else; Jed Kolko, an economist at the Public Policy Institute of California, has shown that fewer than one-tenth of 1% of its jobs leave the state each year. Even California's real problems tend...
...majority leader is also protecting his constituents. Dozens of governors have warned Congress about the bill's plans to expand Medicaid's rolls by millions of uninsured; most states have been strapped for cash in the economic downturn, many of them severely. But Nevada need not worry: thanks to Reid, the federal government is picking up its tab for the next four years. Such benefits for his home state have not gone unnoticed, or uncriticized. "I saw in a morning newspaper that Nevada was somehow miraculously taken care of in the provisions for Medicaid expenses," Tennessee Republican Lamar Alexander remarked...