Corn plants dry in a drought-stricken farm field on July 17 near Fritchton, Ind. The corn and soybean belt in the middle of the nation is experiencing one of the worst droughts in more than five decades.
Stop by most any unirrigated farm across the lower Midwest and you'll see crops in distress. Midwestern corn and soybean farmers are taking a beating during the recent drought, but it's not likely to drive many out of business.
Most of those farmers carry terrific insurance, and the worse the drought becomes, the more individual farmers will be paid for their lost crops. The federal government picks up most of the cost of the crop insurance program, and this year that bill is going to be a whopper.
Losing your job is rarely good. Not being able to find one for months can be disastrous for individuals, and bad for society as well. Yet during the recent recession and the current anemic recovery, more people in the U.S. have been unemployed for longer than at any time since 1948.
St. Louis needs more immigrants. That’s the gist of a new report from St. Louis University.
Professor Jack Strauss presented the findings of his study Tuesday to city and county leaders, including St. Louis mayor Francis Slay and St. Louis County Executive Charlie Dooley, at a regional economic development conference.
At about 4.5 percent, Strauss says St. Louis has the lowest rate of immigration among the nation’s largest 20 cities.