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What's the deal with US manufacturing?
Even though the United States economy has been in something of a renaissance for the past few years, people are still somewhat reeling from the Great Recession seven years ago. And while the unemployment rate is expected to fall to 5 percent by the end of 2015, according to The Associated Press, there are certain sectors that continue to layoff hard-working Americans and fail to meet certain revenue checkpoints. Strategicsourceor.com
Submitted 2 days ago

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Time to make America's founding dream real—for all
America and I share a birthday: July 4th. This is an agreeable coincidence, especially for a Brit. The whole nation seems pleased that I’ve chalked up another year. One of the attractions of America for me, and millions of other immigrants, is the national spirit of possibility—the ideal of a classless, open society in which birth is neither rank nor destiny. In short: the American Dream. Brookings.edu
Submitted 2 days ago

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GENTRIFICATION IN HOUSTON: DOES IT RUIN NEIGHBORHOODS?
The Merriam-Webster dictionary defines "Gentrification" like this: "The process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents." It is a word which gets used a lot these days in regards to certain Houston neighborhoods, especially in some Inner Loop areas that were once considered rough parts of town. Houstonpress.com
Submitted 2 days ago

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A Blueprint for Getting America Back on Track
The American economy is not working. This is not news for millions of U.S. families who have increasingly strained under a system that brings most of its gains to the nation's top earners. But finding a way to counter it has been much more challenging. As the Teamsters have stated repeatedly, there needs to be a commitment to boost and expand America's middle class, which is the lifeblood of our country. But that alone will not fuel a national renaissance that will raise up a majority of people. There needs to be a buy-in from the business community that puts long-term economic health before short-term profits. Huffington Post
Submitted 3 days ago

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Can States Ignore the Supreme Court on Gay Marriage?
The Supreme Court’s decision last week did make gay marriage legal around the nation. Unfortunately for social conservatives, it did not, however, make nullification legal around the nation. Nullification is the historical idea that states can ignore federal laws, or pass laws that supercede them. This concept has a long but not especially honorable pedigree in U.S. history. Its origins date back to antebellum America, where Southern states tried to nullify tariffs and Northern states tried to nullify fugitive-slave laws. In the 1950s, after Brown v. Board of Education, some Southern states tried to pass laws to avoid integrating schools. It didn’t work, because nullification is not constitutional. The Atlantic
Submitted 4 days ago

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Is Supreme Court EPA ruling no big deal or something much larger?
Was it a smackdown or just a tweak? Within hours of the U.S. Supreme Court decision that dealt a defeat to the Environmental Protection Agency and the Obama administration, energy industry supporters as well as environmental groups pondered the long-term impact. To review, in a 5-4 decision the Supreme Court ruled EPA’s regulation to limit emissions of mercury and other toxic pollutants from coal-fired power plants went too far by not taking the costs of the regulation into effect when the agency made its initial determination. Watchdog.org
Submitted 5 days ago

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Straddling Old and New, a South Where ‘a Flag Is Not Worth a Job’
CHARLESTON, S.C. — In a rambling home at the edge of a salt marsh, a proud graduate of the Citadel, the storied Southern military college whose cadets fired the opening salvo of the Civil War, was deep in prayer with a Bible study group. That graduate was Lidia Bonete, 26, an Ecuadorean-American who moved to South Carolina from Chicago in 2007. The subject of her prayer on this particular Wednesday was the racially motivated massacre, a week earlier, of nine African-Americans in a church basement a few miles away. In a region where church and faith are woven into every strand of society, prayer was one common, almost instinctive, response. But just as a Hispanic woman from Chicago might not be the first image to spring to mind of the Citadel, long a male bastion of Southern traditionalism, the South last week felt barely recognizable, as many of its politicians called for longstanding Confederate symbols to come down. New York Times
Submitted 6 days ago

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The Roberts Court’s Reality Check
Sometimes the Supreme Court moves in mysterious ways. The health care decision was not one of those times. A case that six months ago seemed to offer the court’s conservatives a low-risk opportunity to accomplish what they almost did in 2012 — kill the Affordable Care Act — became suffused with danger, for the millions of newly insured Americans, of course, but also for the Supreme Court itself. Ideology came face to face with reality, and reality prevailed. New York Times
Submitted 9 days ago

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Politics trumped jobs, economy in Scott vetoes: Editorial
Gov. Rick Scott chose an ironic name for the state budget he signed this week: "Keep Florida working." Yet the vetoes he made in that budget included two line items — $10 million for a high-tech manufacturing center in Osceola County and $15 million for a downtown Orlando campus for the University of Central Florida and Valencia College — with the potential to create thousands of good jobs and strengthen the region's economy. Orlando Sentinel
Submitted 10 days ago

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Nikki Haley Is Not a Hero. She's Just Doing Damage Control for Republicans.
he Confederate flag flying at the State Capitol in Columbia, South Carolina, has been a matter of controversy for much longer than Nikki Haley’s four and a half years as the state’s governor. Her newfound determination to seek its removal, amid the public clamor after a neoconfederate gunned down nine people at a historic black church in Charleston last week, has been applauded in the political media as an act of courage and a coup for her professional prospects. The New Republic
Submitted 11 days ago

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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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