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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 2 years 110 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 2 years 110 days ago

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Medical Marijuana Rejected in the South
A constitutional amendment that would have established medical marijuana in Florida failed to reach the 60-percent mark it needed for passage. Amendment 2 would have made Florida the first Southern state to allow medical marijuana and the third largest market outside of California and New York. The measure came in at 57.6 percent. Governing.com
Submitted 2 years 110 days ago

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Georgia Becomes First State to Cap Income Taxes
Georgia has become the first state to put a ceiling on its income tax rate as a ballot measure that lawmakers say will put the state on a more level playing field with its tax-friendlier neighbors cruised to an easy victory. With 85 percent of counties reporting, 75 percent of voters approved the ballot measure, capping Georgia’s income tax rate at 6 percent. Governing.com
Submitted 2 years 110 days ago

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The Fading Hopes of Southern Democrats
Nine years ago, in the days after Hurricane Katrina, CNN’s Anderson Cooper had a much applauded moment of glory when he secured a live interview with Mary Landrieu, the Democratic Senator from Louisiana, and behaved “authentically” on the air—which is to say, unlike an orotund, falsely authoritative TV correspondent. Cooper was on the Mississippi Gulf Coast, looking bedraggled; Landrieu was in Baton Rouge, the Louisiana state capital, standing in front of a government building and trying her best to project calm and confidence. New Yorker
Submitted 2 years 110 days ago

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Jon Stewart perfectly sums up last night’s shellacking
Tuesday night Jon Stewart and “The Daily Show” presented live election coverage, injecting some humor into a rough election for Democrats — or as Stewart called it a “red wedding.” “Look I’m trying to find any way to entertain people, who are truly on a ledge tonight,” Stewart said. “These people — every question in warm up, ‘What do you think is going to happen now?’ As though the Senate was a functioning body before tonight.” Salon
Submitted 2 years 110 days ago

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Last Night, One Million Workers Were Guaranteed The Right To Take Time Off When They’re Sick
Last night, four places in the United States voted over whether or not employers should be required to give paid sick leave to employees. All four approved the idea. Massachusetts was the biggest win for paid sick leave advocates — the state is just the third in the nation to require employers grant people such paid time off, following California and Connecticut. The state was joined by three major municipalities: Trenton, NJ; Montclair, NJ; and Oakland, CA (though the state has a paid sick leave law, Oakland’s will expand on it). All told, the laws will impact more than one million workers. Think Progress
Submitted 2 years 110 days ago

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Inside the Democrats’ Godawful Midterm Election Wipeout
From Arkansas to North Carolina, they crashed harder Tuesday night than they did even in the horror show that was 2010. Why they’re screwed with working-class whites—and Obama is toast. The Daily Beast
Submitted 2 years 110 days ago

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Ted Cruz: Voters Gave GOP a Chance, Now It Must Earn Trust
Voters may have rejected "Obama stagnation and malaise" in Tuesday's midterm elections, but that doesn't mean they are any happier with Republicans, Sen. Ted Cruz warned late Tuesday night. "The fact that the people rose up and voted the Democrats out of power doesn't necessarily mean they trust the Republicans," Cruz told Fox News Channel. "They've given us another chance. But we've got to earn that trust." Newsmax.com
Submitted 2 years 110 days ago

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Louisiana Senate Race Headed to Runoff
The Louisiana U.S. Senate race is headed to a runoff in a closely watched contest that will test the viability of a southern Democrat in an increasingly conservative state. Democratic Senator Mary Landrieu, 58, a third-term incumbent, and Republican U.S. Representative Bill Cassidy will face off again on Dec. 6 after neither won more than 50 percent of Tuesday's vote, preliminary results showed. Newsmax.com
Submitted 2 years 110 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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