This article was originally published by Ohio Valley ReSource. The COVID-19 pandemic is continuing to cripple the economy in the Ohio Valley and President Joe Biden and Congressional Democrats are pursuing his plan for economic recovery. Biden’s economic priorities include raising the minimum wage to $15 an hour, forgiving student loan […]
Read MoreAn Economic Transformation
West Virginians Were Promised an Economic Revival. It Hasn’t Happened Yet.
The coal industry continues to decline. Natural gas isn’t bringing the prosperity it promised, and now the pandemic has wrecked the state’s economy. One year ago West Virginia Gov. Jim Justice promised business leaders that the state’s economy was on the verge of a boom. Continued growth in natural gas production […]
Read MoreHow to Get Out of the Debt Trap When Banks Won’t Help
In many rural areas, a lack of banking options has led to an increase in predatory lending. In eastern Kentucky, a new nonprofit is fighting back. Erica Knight had been in charge of her own money since she was 16, when she had her first job. “I was always very […]
Read MoreQ&A: Founder of ‘Transformative Model’ of Development Wins National Prize
West Virginian Brandon Dennison, founder of Coalfield Development Corp., has received the Heinz Award for Technology, Economy, and Employment. Coalfield Development has combined programs in business development, employment, job training, education and personal development. “No one piece of what we’re doing is anything new,” says Dennison. “But I think the […]
Read MoreMinimum Wage Hike Would Have Major Effect In Ohio Valley
A new report from the Congressional Budget Office shows increasing the federal minimum wage to $15 an hour would boost the wages of 17 million workers and lift about 1.3 million people out of poverty. But the CBO warns that could also result in more than one million lost jobs and could […]
Read MoreMy Cold Kentucky Home: Coal Country Turning To Solar As Heating And Housing Costs Climb
This article was originally published by Ohio Valley ReSource. Joe Oliver and Tony Brown peered into the dark crawl space beneath a Letcher County, Kentucky, home. Already, they could see problems. The crawl space had been blocked off with just a thin sheet of plywood; the posts supporting the house […]
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