skip to main content
skip to newscasts

Saturday, December 6, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Pentagon announces another boat strike amid heightened scrutiny; An End to Hepatitis B Shots for All Newborns; DeWine veto protects Ohio teens from extended work hours; Wisconsin seniors rally for dignity amid growing pressures; Rosa Parks' legacy fuels 381 days of civic action in AL and the U.S.

view newscast page
play newscast audioPlay

Trump escalates rhetoric toward Somali Americans as his administration tightens immigration vetting, while Ohio blocks expanded child labor hours and seniors face a Sunday deadline to review Medicare coverage.

view newscast page
play newscast audioPlay

Native American tribes are left out of a new federal Rural Health Transformation Program, cold temperatures are burdening rural residents with higher energy prices and Missouri archivists says documenting queer history in rural communities is critical amid ongoing attacks on LGBTQ+ rights.

How Can West Virginia Avoid the "Resource Curse?"

play audio
Play

Monday, December 10, 2018   

CHARLESTON, W.Va. — Why do so many places rich in natural resources, like West Virginia, end up so poor?

Ted Boettner, executive director at the West Virginia Center on Budget and Policy, has been researching what's known as the "Resource Curse." He's found most states and countries focused on mining and drilling end up growing more slowly, and their residents experience higher levels of poverty than places with more diversified economies.

Boettner said part of the reason is that investment, political power, and the smartest people tend to be accumulate almost entirely in those resource industries. And he said studies have shown that relying too heavily on a single industry leads to slow growth.

"The crowding out effect; you might have a boom and have high employment for a while, and incomes go up, earnings,” Boettner said. “But then in the bust, things are way worse off - it's almost better that you never even did it in the first place."

The energy industries in West Virginia have long exercised political power to keep their taxes low and state regulation lighter. They argue that as keystones of the state's economy, they need to be allowed to act with a free hand.

Boettner pointed out some places with natural resources have handled it much better than others. He said Norway and Alberta, Canada have had strong enough political systems to keep their economies better balanced and to force the energy industries to protect the environment. He said there are other factors, as well.

"Transparency and accountability in government, adequate taxation of those resources; you need to mitigate the economic downturns, or the busts, with good wealth management,” he said. “That means creating a permanent trust fund, like Alaska. You also need to invest in infrastructure and education."

The Center on Budget and Policy backed a proposal for a future fund, where part of coal and gas severance taxes go into a state savings account. Lawmakers have enacted the proposal, but it's still largely unfunded.



get more stories like this via email

more stories
Lt. Gov. Micah Beckwith said he does not know what was discussed during a Thursday closed-door Statehouse meeting with Vice President JD Vance and Gov. Mike Braun. (Adobe Stock)

Social Issues

play sound

By Kyla Russell for WISH-TV.Broadcast version by Joe Ulery for Indiana News Service reporting for the WISH-TV-Free Press Indiana-Public News Service C…


Social Issues

play sound

Rural LGBTQ+ youth in Indiana face greater mental health challenges, but have found ways to build community online, according to a new report…

Social Issues

play sound

By Marilyn Odendahl for The Indiana Citizen.Broadcast version by Joe Ulery for Indiana News Service reporting for the Indiana Citizen-Free Press India…


Indiana University's summit includes a session about a new Registered Apprenticeship Program aimed at boosting the teacher workforce. (Adobe stock)

play sound

An Indiana-based summit meeting will spotlight how university campuses can help power economic growth across the state. Indiana University hosts its …

Social Issues

play sound

Groups fighting for a free and fair judicial system are speaking out against violence, threats and insults targeting judges in Indiana and across the …

Experts recommend not overscheduling kids in the first few weeks of school because they are often more tired and emotionally drained as they adjust to a new routine. (Adobe Stock)

Health and Wellness

play sound

Indiana families are preparing kids for back-to-school season, and mental-health experts say emotional readiness is just as important as school …

Environment

play sound

The Trump administration's long-term plan for artificial intelligence could have far-reaching environmental impacts across the country. His strategy …

Social Issues

play sound

A public funding mechanism for Seattle elections is up for renewal in next week's election. The Democracy Voucher program was passed 10 years ago…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021