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Americans are the least miserable they’ve been in years
US consumer confidence hit a new post-crisis high in October, according the Conference Board. The October reading of Conference Board’s consumer confidence index was just a touch higher than August’s reading, which was the previous high-water mark for US consumer sentiment in recent years. In fact, the Conference Board’s reading on US consumer confidence is now the highest it has been since October 2007. Qz.com
Submitted 2 days ago

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With $28 billion to spend, how can Alabama be broke?
This year, Alabama will likely have about $28 billion to spend, and yet it faces a crisis over a General Fund shortfall somewhere between $150 million and $250 million. Or to put it another way, if you had about $500 a week of take-home pay, this would be like something the price of a family-sized bag of potato chips pushing you into personal bankruptcy. AL.com
Submitted 2 days ago

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Apple CEO slams Alabama for being ‘too slow on LGBT equality’
MONTGOMERY, Ala. — After being inducted into the Alabama Hall of Honor along with University of Alabama head coach Nick Saban, U.S. Sen. Jeff Sessions and others, Apple CEO Tim Cook urged Alabama to achieve “equality in truth” by granting increased protections for members of the state’s lesbian, gay, bisexual, and transgender (LGBT) community. Yellowhammernews.com
Submitted 3 days ago

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Clinton: ‘Don’t let anybody tell you it’s corporations and businesses that create jobs’
Former Secretary of State Hillary Clinton told audience members at a campaign rally Friday night not to listen to anybody who says “businesses create jobs.” “Don’t let anybody tell you it’s corporations and businesses that create jobs,” Mrs. Clinton said during her remarks at a Boston rally for Democratic gubernatorial candidate Martha Coakley, Breitbart reported Friday. “You know that old theory, ‘trickle-down economics,’” she said, “That has been tried, that has failed. It has failed rather spectacularly.” Mrs. Clinton, the likely 2016 Democratic nominee reminded the audience of her husband, former President Bill Clinton’s economic policies. “You know, one of the things my husband says when people say ‘Well, what did you bring to Washington,’ he said, ‘Well, I brought arithmetic,’” Mrs. Clinton said to audience laughter. The Washington Times
Submitted 3 days ago

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Politicians Really Can't Create Jobs
Americans head into the midterm elections on Nov. 4 with two perennial issues as their top concerns: jobs and the economy. In this respect, the U.S. is pretty much like everyone else in the world. In country after country, jobs and the economy regularly come out ahead in polls asking voters to rank the important issues. What’s frustrating, however, is that politicians appear to have remarkably little control over what actually happens to unemployment and the economy. All of which means public disenchantment with Washington is likely to run through the next session of Congress—and doubtless the one after that.
Submitted 3 days ago

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5 Reasons to Stop Talking Sh*t About People From the South and Midwest
"If I ever hear another elitist jerk use the term flyover people, I'll punch him in the mouth." —John Waters, Carsick: John Waters Hitchhikes Across America I don't approve of threats of physical violence. Not even hyperbolic ones. But I absolutely know where John Waters is coming from. And while I don't intend to punch anyone in the mouth, I completely understand -- and share -- his anger at this bullshit notion of "flyover country." Alternet
Submitted 4 days ago

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Lessons from the Grateful Dead on Replacing Workers with Technology
In the foreword to David Dodd’s The Complete Annotated Grateful Dead Lyrics, Robert Hunter, the band’s “lyricist in residence,” wrote that the song “Uncle John’s Band” represented “the first lyric I wrote with the aid of that newfangled gadget, the cassette tape recorder. I taped the band playing the arrangement and was able to score lyrics at leisure rather than scratch away hurriedly at rehearsals, waiting for particular sections to come around again.” Governing.com
Submitted 6 days ago

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America’s dangerous “partisan” myth: Here’s what (and who) is really dividing us
NBC News’ Mark Murray wrote a piece this past weekend looking at political polarization in the country, which he says is “more divided today than it has been in decades. And it’s likely to remain that way for the foreseeable future.” It’s hard to argue with that assessment, but his examination of the current climate of partisan warfare falls victim to the seemingly unavoidable trap of distributing blame equally among all actors. Under the heading “How Obama’s presidency and today’s GOP made things worse,” Murray writes that Obama was elected on the promise of post-partisan consensus building, as reflected in his 2004 Democratic National Convention speech, but the reality has been far different: Salon
Submitted 9 days ago

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Gas prices fall, but is that good or bad for Louisiana?
Gas prices in Acadiana and across the country continue to remain at the lowest level since 2010 because of petroleum price cuts in the Middle East. This week, the price at many local pumps is below $3 a gallon. The Advertiser
Submitted 10 days ago

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Poppe, Schminke offer different approaches to job creation
The two candidates vying for the House District 27B seat fundamentally disagree on the best way to boost Minnesota's economy. DFL state Rep. Jeanne Poppe, of Austin, makes the case that Democrats did the right thing in raising taxes on the state's wealthiest residents in order to be able to increase funding in key areas such as education and state aid to cities. Postbulleting.com
Submitted 10 days ago

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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