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Rural Economic Development Center funds frozen, projects halted
GRIFTON, N.C. - Your tax payer dollars: potentially wasted. North Carolina's State Auditor says the North Carolina Rural Economic Development Center granted hundreds of millions of taxpayer dollars to projects and never followed up.
Submitted 1 years 276 days ago

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How Roanoke Region measures up in education & workforce
Roanoke Valley - The Roanoke Regional Partnership is doing a four-part study on the region's economic progress. The group is looking at how the Roanoke region compares to the rest of the United States and similar metro areas. wsls.com
Submitted 1 years 276 days ago

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Pollina Top 10 Pro-Business States Curb Decline of Middle Class & Foster Economic Growth
"Americans have noticed that while costs have risen, incomes have not. In reality, the cost of living has risen by approximately 33 percent from 2000 to 2012 while median family Income for the same period has decreased by approximately 7.2 percent," says economist and corporate relocation expert Dr. Ron Pollina in the just-released Pollina Corporate Top 10 Pro-Business States for 2012, co-published with the American Economic Development Institute (www.aedi.us). "American families increasingly find their standard of living is not improving, their incomes are not rising and they are sliding increasingly into debt. Meanwhile, the economic policy of most states and the federal government continually throws roadblocks at hard-working people. How long will the American middle class remain the majority," Dr. Pollina asks. Wall Street Journal
Submitted 1 years 276 days ago

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Dome: Wall Street Journal praises NC tax plan
The recent New York Times editorial lambasting North Carolina’s hard turn to the right met with apparent indifference in the General Assembly, where Sen. Tom Apodaca, the Senate’s No. 2 Republican, said he cared more about what the Wall Street Journal thought. Sure enough, the Journal’s editorial page came through on Friday with a piece praising Senate President Pro Tem Phil Berger’s tax plan. “The burning heart of liberal activism and indignation this summer can be found, of all places, in the charming capital city of the Tar Heel State,” the Journal’s Stephen Moore writes. Moore turns to the old “agitators” label for the “Moral Monday” protesters (avoiding the governor’s pitfall of also calling them “outsiders”), and concludes they’re mad about everything – especially the prospect of the GOP cutting back funding for some of the “left-wing groups sponsoring these rallies.” News Observer
Submitted 1 years 276 days ago

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Pitts: A look at North Carolina General Assembly's priorities
Governing comes down to one word: priorities. The money follows the priorities. Using our money, politicians pay for the ideas, policies, groups and people they favor, and under-fund or defund the rest. fayobserver.com
Submitted 1 years 276 days ago

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N.C. budget would end teacher tenure, pay some private school tuition
Legislators are set to vote on a historic $20.6 billion budget this week that would have the state take a giant step toward further privatization of education, end teacher tenure, and compensate victims of the government eugenics program. Teacher assistants take a hit in the budget released Sunday, which reduces state spending on them by $120 million, or about 21 percent. The budget ends funding for the embattled Rural Economic Development Center, whose longtime president, Billy Ray Hall, resigned under pressure last week. The budget creates a division focused on rural economic development within the state Department of Commerce. Charlotte Observer
Submitted 1 years 276 days ago

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North Carolina's Moral Mondays
Raleigh--   On an overcast afternoon in early July, 300 activists pack into the white-columned Christian Faith Baptist Church to prepare for the ninth wave of Moral Monday protests at the state legislature. “Supporters on the right, civil disobedience on the left,” they’re told as they enter. The racially and socioeconomically diverse crowd has the feel of an Obama campaign revival. Eighty people take the left side of the pews, wearing green armbands to signal their intention to get arrested, nearly all of them for the first time. “The goal of Moral Monday,” says the Rev. William Barber II, president of the North Carolina NAACP, “is to dramatize the shameful condition of our state.” The Nation
Submitted 1 years 276 days ago

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Out to lunch
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 years 276 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 276 days ago

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The Do-Nothing Congress Has Done a Lot
Perhaps, like approximately 80 percent of Americans, you disapprove of Congress. Beholding the nation’s capital, you are apt to see a sleazy, gridlocked mess, a Boschian hellscape of partisan acrimony and special-interest greed. Ever since Republicans won the House of Representatives in 2010, President Obama’s policy agenda has ground to a halt, and hopes of addressing the nation’s pressing issues through federal legislation have been dashed. The Atlantic
Submitted 1 years 276 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 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 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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