Category Archives: Business

Oklahoma economic recovery underway

State Treasurer Ken Miller

Oklahoma Gross Receipts to the Treasury for Fiscal Year 2017 indicate the state’s treasury began recovery at the midpoint of the fiscal year and continued through June, lagging slightly behind state gross domestic product figures (GDP), State Treasurer Ken Miller said today during a State Capitol news conference.

Monthly gross receipts have been higher than the same month of the prior year for five of the past six months. FY-17 gross receipts remain lower than the prior fiscal year by 1.5 percent, but the rate of decline is much smaller than the 7.2 percent decline between FY-15 and FY-16. Continue reading

Minimum wage hike hurts workers

The minimum wage increase in Seattle to $13 an hour for large employers — the highest rate in the country — had major negative consequences for low-wage workers, according to a new study by the nonpartisan National Bureau of Economic Research.

In other words, exactly what conservatives and those who understand basic supply and demand predicted. The group of economists at the University of Washington concluded that the increase forced employers to cut hours for their workers and that payrolls for minimum wage jobs fell as well.  Continue reading

Illinois near bankrupt – how about OK?

At multiple meetings of Tulsa County Republican Clubs, grassroots activists are quizzing State Legislators on the state budget which appears to kick financial crisis down the road with one time tricks and “fees” that are, at least, questionable.  Some have drawn legal challenge.

Oklahoma could learn from Illinois. Continue reading

SCOTUS prohibits trademark censorship

Rejecting an attempt by the government to censor trademark names that might cause offense, a unanimous U.S. Supreme Court has ruled that even speech that some find offensive is protected by the First Amendment.

In striking down a federal trademark statute that allowed the government to reject trademark applications for names it considered insulting to persons or groups, the Court reasoned that “trademarks are private, not government, speech,” and should therefore “not be banned on the ground that it expresses ideas that offend.” Continue reading

High-speed rail may bypass Tulsa

KTUL’s Charles Ely reported Monday on the ongoing issue of high-speed rail service for Tulsa which advocates warn may be ignored as Oklahoma City’s (OKC) influence with State Government is targeted to expanding Amtrack routes only for itself in-state.

Ely noted OKC’s route to Fort Worth was saved in the most recent Federal budget and now the city has applied to obtain additional service to Kansas City.

The concern is that future rail service development will bypass Eastern Oklahoma as Metropolitan Tulsa area service is not an apparent concern of officials in OKC. Continue reading