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Immigration Law Changes Seen Cutting Billions From Deficit
WASHINGTON — Congressional budget analysts, providing a positive economic assessment of proposed immigration law changes, said Tuesday that legislation to overhaul the nation’s immigration system would cut close to $1 trillion from the federal deficit over the next two decades and lead to more than 10 million new legal residents in the country. New York Times
Submitted 1 years 280 days ago

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Is Ted Cruz Lying Low?
Since taking office in January, Senator Ted Cruz has earned a reputation for being one of the most unapologetically outspoken lawmakers on Capitol Hill. So much so, perhaps, that when it comes to the Gang of Eight’s immigration-reform bill, of which Cruz has been one of the strongest Republican critics, it might seem like he’s been taking it easy. National Review
Submitted 1 years 280 days ago

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Immigration Bill Would Lower Country’s Deficit By $197 Billion Over 10 Years
The Congressional Budget Office (CBO) estimated on Tuesday that passage of the Senate’s comprehensive immigration bill, known as S.744, would decrease federal budget deficits by $197 billion over a ten year period between 2014 to 2023. It also estimates that 8 million undocumented immigrants would be legalized. Think Progress
Submitted 1 years 280 days ago

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11 Ways Parents Can Hurt Their Child’s Job Chances
College students are not investing sufficient time in getting a job – one reason many struggle to find employment after graduation. This assertion is based on a recent survey of 200 students by Millennial Branding, a Gen Y research firm, and StudentAdvisor.com – two organizations that study the second largest demographic group in the country. The Fiscal Times
Submitted 1 years 280 days ago

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Time is Ripe For Investment Ties Between Poland, Southeast
The Metro Atlanta Chamber is hoping to lead the creation of a new organization to spur investment activity between Poland and the Southeast United States. Although it's still in nascent stages, the idea is to follow the model of SEUS-Japan and SEUS-Canada alliances that bring together government and business leaders from Southeastern states and the partner country each year. Generally, they hold conferences to discuss business and trade issues, alternating locations. Georgia has been integral to the formation of both. globalatlanta.com
Submitted 1 years 280 days ago

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Arming Tennessee teachers
Bradley County seems to be preparing to become one of the first school systems in Tennessee to allow some teachers to arm themselves in the classroom. That’s a frightening thought. Just weeks ago, a Lafayette, Ga., school resource officer turned his taser on a girl who was in a hair-pulling fight with another girl. The scene was caught on video by a student who later posted it online — something unheard of until cell phones made everyone a photographer, videographer and town crier. Chattanooga Times Free-Press
Submitted 1 years 280 days ago

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Duke Energy looks inside to hire chief executive
Less than a year after a tumultuous merger made it the nation’s largest electric utility, Duke Energy on Tuesday announced an insider as its first female chief executive. Chief financial officer Lynn Good will succeed outgoing president and CEO Jim Rogers on July 1. Rogers, CEO since 2006, will continue as chairman until he retires Dec. 31. Charlotte Observer
Submitted 1 years 280 days ago

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Look closer to home for trouble, NC governor
Gov. Pat McCrory and other Republican leaders say “outsiders” are stirring up trouble by protesting at the General Assembly in Raleigh. Now, arrest records, in-the-field research and statewide polling suggest McCrory and the GOP in fact face a growing problem from “insiders” – also known as rank-and-file North Carolinians. At the state Republican convention in Raleigh this month, McCrory told the crowd that “Outsiders are coming, and they’re going to try to do to us what they did to Scott Walker in Wisconsin.” Republican Party Chairman Claude Pope was quoted by WTVD as saying: “All they’re left to do is try to bring in outside groups, whether they’re from Pennsylvania or from other parts of the state, union protesters, basically professional agitators.” Charlotte Observer
Submitted 1 years 280 days ago

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N.C. Rural Center helps create jobs with competitive wages
From Billy Ray Hall, president of the N.C. Rural Center, and board members Brian Crutchfield and Bill Gibson, in response to “Spending in the Shadows” (June 15-16): We are deeply disturbed about articles this weekend in The Charlotte Observer (and Raleigh News & Observer) that have painted a partial and inaccurate picture of the N.C. Rural Economic Development Center and its work on behalf of rural communities in North Carolina. Charlotte Observer
Submitted 1 years 280 days ago

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Governments Offer Amazon Millions in Tax Breaks it Doesn't Need
When Amazon expands, like it wants to in Florida, state and local governments practically line up to offer to pay the company to move. Virginia officials approved $4.4 million in taxpayer subsidies so Amazon could build two warehouses in the state. California reached a deal where the online company was free from sales taxes for a year, saving about $200 million. Texas officials forgave $269 million in back sales taxes to get a new warehouse. New Jersey officials put up millions more in breaks. Governing.com
Submitted 1 years 280 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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