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Why We Should Let the Red States Secede from Obamacare
In 2009, when Congress passed the health care bill, only one Republican voted in favor. In 2010, with opposition to the new health care law as their rallying cry, Republicans gained a net 63 seats and control of the House of Representatives. They also won control of 11 additional states, bringing their total to 25. Alternet
Submitted 1 years 330 days ago

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The Government Shutdown Is Hammering Hunters, Fishers, And Their Communities
As the federal government shutdown that began October 1 stretches into its second week, it is now threatening the beginning of hunting and fishing seasons, and hunters, fishers, and sportsmen’s groups aren’t taking that news quietly. Think Progress
Submitted 1 years 330 days ago

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The Government Shutdown Has Cost $1.6 Billion So Far
The government shutdown that started last Tuesday has already cost $1.6 billion in lost economic output, according to market research firm IHS Inc. Should the shutdown last through October 9, the total will come to $2 billion. That’s equivalent to the cost so far of the “biblical” flooding that has ravaged Colorado. If it lasts three to four weeks, Moody’s has estimated that the total cost to the economy could come to $55 billion. The shutdown could reduce economic output by 1.4 percent. Think Progress
Submitted 1 years 330 days ago

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Tampa wants All Aboard Florida rails to run its way
TAMPA — Tampa lost a chance to enhance travel and economic development links with Orlando when Gov. Rick Scott in 2011 declined $2.4 billion in federal funding to build the first leg of a high-speed rail project between the two cities, with later plans to reach Miami. Tampa Tribune
Submitted 1 years 330 days ago

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Workforce Central Florida will be changing name to "CareerSource"
By early next year, the state's 24 regional workforce boards -- the publicly funded employment agencies such as Workforce Central Florida -- will be sharing a single name under a re-branding effort pushed by the state. Orlando Sentinel
Submitted 1 years 330 days ago

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$15 million deal to Parkland industrial park
MANATEE COUNTY, FL - High Real Estate Group LLC has obtained nearly $15 million in financing for its Parkland Center, a group of 17 industrial and flex-space buildings in southern Manatee County. Sarasota Herald Tribune
Submitted 1 years 330 days ago

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Arrival of giant cranes ushers in new era at PortMiami
Resembling giant metallic birds with their booms outstretched like wings, four super-post-Panamax cranes from China glided into Government Cut on Monday to prepare for the day when PortMiami welcomes some of the world’s largest ships. The 262-foot-tall, fully assembled cranes were transported from an island off the coast of Shanghai aboard a special carrier and spent nearly three months at sea after storms around South Africa’s Cape of Good Hope slowed their journey. Miami Herald
Submitted 1 years 330 days ago

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SC County gives nod to Gildan, offers incentive package
SALISBURY — County leaders voted to essentially donate land and offer an incentive plan to Gildan Yarns after the company said a new proposed plant could boost jobs and inject millions into the local economy. Salisbury Post
Submitted 1 years 330 days ago

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Pflugerville TX officials send $21M project to council
As expected, Pflugerville's planning and zoning commission has given its blessing to the $21.5 million Hawaiian Falls adventure and water park, and will send the matter to council for approval. Austin Business Journal
Submitted 1 years 331 days ago

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Little Kentucky Smokehouse investing $2.2M to build second Union County facility, create 18 jobs
FRANKFORT, Ky.-– Little Kentucky Smokehouse, a family-owned business established in Uniontown in 2003, will construct a second 40,000-square-foot facility at its existing site, doubling the square footage of the operation, Gov. Steve Beshear’s office announced today. Lane Report
Submitted 1 years 331 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     
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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