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Rick Perry, still a little forgetful
It’s been nearly two weeks since Texas Gov. Rick Perry (R) was indicted on two felony counts, and at this point, some critics of the indictment are still struggling with the basic details. That includes the governor himself. Over the weekend, for example, Peggy Noonan told a national television audience the case against Perry is an example of “local Democratic overreach.” Reminded that this doesn’t make sense – local Dems weren’t involved in any way – Noonan said the case “looks crazy” anyway. A day prior, Perry seemed just as confused. The Houston Chronicle suggested it might be another “oops moment” for the Texas governor. MSNBC
Submitted 1 years 249 days ago

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Is Rick Perry really ready for 2016?
Is there really a new Rick Perry? Is the Candidate Oops of 2011 and 2012, whose rise and fall is now the stuff of political lore, a thing of the past? You might think so by everything that’s happened this summer. But is he really ready to run again for president? Washington Post
Submitted 1 years 249 days ago

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GOV. JINDAL AND BELL HELICOPTER CEO JOHN GARRISON ANNOUNCE CONSTRUCTION START FOR LOUISIANA HELICOPTER ASSEMBLY FACILITY
LAFAYETTE, La. — Today, Gov. Bobby Jindal and Bell Helicopter CEO John Garrison announced the start of construction for the company’s Lafayette Aircraft Assembly Center, which is scheduled to begin assembly operations of the new Bell 505 JetRanger X™ helicopter by 2016 at the Lafayette Regional Airport. The first modern-era aircraft assembly facility in Louisiana, the Bell Helicopter site will create 115 new direct jobs, with an average salary of more than $55,000 per year, plus benefits. Louisiana Economic Development estimates the aerospace project will result in another 136 new permanent indirect jobs, for a total of more than 250 new jobs in the Acadiana Region and surrounding areas. Opportunitylouisiana.com
Submitted 1 years 249 days ago

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Why We’re So Down in the Dumps About the Economy
Nearly five years after the recovery began, Americans in alarming numbers believe the Great Recession permanently damaged the economy and that many aspects of the lifestyle they once enjoyed – a good job, income security and more – may never again be theirs. Even more troubling, most Americans don’t believe the economy has actually improved – or will improve – despite nearly half a decade of job growth and declining unemployment rates since the recession officially ended in June 2009. The Fiscal Times
Submitted 1 years 249 days ago

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Cities to Compete for $45 Million Innovation Grants
A private foundation is offering $45 million to cities willing to test a new model for solving common urban problems, from handgun violence to chronic homelessness. Governing.com
Submitted 1 years 249 days ago

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How the Recession Beefed Up Sister City Relationships
U.S. cities traditionally develop relationships with foreign cities for diplomatic, cultural or educational purposes. But more and more are looking to them for economic development. Governing.com
Submitted 1 years 249 days ago

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Louisiana tops for International Tourism
The Lt. Governor's Tourism Summit 2014 opened in Jefferson Parish on Tuesday morning with good news and not so good news for the travel industry as a whole. Lt. Governor Jay Dardenne announced one of the brightest spots in the whole picture-that Louisiana's reach to International tourists has skyrocketed. The Advertiser
Submitted 1 years 249 days ago

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10 Best-Paying Jobs for High School Graduates
As the cost of attending college increases each year, some high school graduates may wonder how well they could do without a college degree. While occupations that only require a high school diploma are often low-paying jobs, several pay well above the median wage. 247wallst.com
Submitted 1 years 249 days ago

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10 American Jobs That Are Disappearing Now
After the Great Recession, which cost millions of Americans their jobs, the U.S. labor market has begun to heal. So far this year the United States has added an average of nearly 230,000 jobs per month. In the 10 years through 2022, the BLS estimates that total employment will grow by more than 15 million jobs, or nearly 11%. TIME
Submitted 1 years 249 days ago

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Washington Is America's Worst Economic Mirror. Its Best? Detroit.
Detroit is the poster child for an economy gone wrong, while Washington is in the midst of a development boom. But it's Detroit, not Washington, that most accurately reflects the paychecks of Americans overall—at least by one measure of how the city's population stacks up on the economic ladder. Nearly a quarter of Washington households (24.5 percent) take home $150,000 or more annually. Nationwide, only 9.1 percent of households hit that income threshold, according to an analysis of 2012 census data conducted by WalletHub. National Journal
Submitted 1 years 249 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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