
IS IT TRUE it was recently reported that the median wage of Hoosiers increased last year to a level just under $32,000 per year which equates to $15.38 per hour?…the median is the number that defines the point where half of the people earn more and half earn less and is not to be confused with the often reported average wage?…in a large statistical sample the median should be close to the average but it does not necessarily have to be?…the growth in earnings for Hoosiers last year while going in the right direction did not move that way at the same rate as the national averages putting Indiana a little bit further behind the national average as it has been for a long time now?
IS IT TRUE that the United States census reports that in 2012 the median household income for the City of Evansville was $35,947 while that number for the State of Indiana was $48,374?…for the entire nation the median household income in 2012 was $53,046 or a full 47% higher than the City of Evansville?…Vanderburgh County as a whole fared 21% better than the City of Evansville coming in at $43,645 but the numbers for the county include the City of Evansville?…when one backs out the numbers using the population data the median household earnings for the unincorporated county work out to $58,700 which is 63.5% more than the City of Evansville while exceeding both the Indiana and National medians by 21% and 11% respectively?
IS IT TRUE crunching numbers in this manner reveals that from a broad brush perspective the City of Evansville and unincorporated Vanderburgh County are two very different societies that happen to be sitting next to one another?…the unincorporated county households despite things like a low cost of living, right to work laws, and an economic atmosphere that allows for wage compression is doing better than the state and the nation when it comes to household earnings?…perhaps this is the key to understanding why the annexation effort by the City of Evansville failed?…it may also be a key to understanding the strength of the Ungenthiem campaign against incumbent city supporting Marsha Abell?…the only way that an annexation should ever be considered is when the strong annex the weak to lift them up or even teach them a few things about prosperity?…situations where the weak annex the strong to take their assets are simply preposterous?…this game has played out in Detroit where the State of Michigan came in an took the dying city over?…anyone who thinks that Detroit should take over the State of Michigan to bring its particular brand of excellence to the masses needs their head examined?
IS IT TRUE the CCO has it on fairly good authority that the new Director of the LST is not pleased with the Evansville location and wants very much to find another city to host the LST?…this is very new information and we have very few details but this is not the first time someone who came from somewhere else for their management expertise rather rapidly decided that Evansville is not the place for them?…as the details of this situation emerge we shall keep our readers updated on the discontentment that may drive the LST from our million dollar dock that sits in Kentucky waters?
IS IT TRUE there is no meeting of the Evansville City Council scheduled for tonight?…the next time there will be an opportunity for our elected leaders to rescind the loan approval granted to Earthcare Energy LLC will be April 28, 2014?…whomever wishes to sponsor a vote to rescind needs to get busy though because any resolution that is to be read next Monday needs to be written and submitted by mid week?…this raises the issue of just who on the Evansville City Council has the background and experience to be hired by an investment firm to VET any emerging technology as a viable technology with a reasonable expectation of commercial success?…such a person typically has an advanced degree in engineering, either an MBA or equivalent business experience, and even a history of investing in start-up enterprises?…we would like to know just who among the members of the City Council, the Evansville Redevelopment Commission, the ED Loan Committee, or the Mayor’s office could actually be hired by a venture capital firm to render an opinion on an enterprise like Earthcare Energy?