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THE SOUTH'S VICTIM COMPLEX
Southern voters will go to the polls in November 150 years, almost to the day, after Gen. Sherman commenced his March to the Sea, breaking the back of the Confederacy and leaving a burnt scar across the South. The wound never fully healed. Humiliation and resentment would smolder for generations. A sense of persecution has always mingled with the rebellious independence and proud notions of the South’s latent power, the promise that it “will rise again!” Congressman Paul Broun Jr., whose Georgia district spans nearly half of Sherman’s calamitous path to Savannah, evoked the “Great War of Yankee Aggression” in a metaphor to decry the Affordable Care Act on the House floor in 2010. The war, in Broun’s formulation, was not a righteous rebellion so much as a foreign invasion whose force still acts upon the South and its ideological diaspora that increasingly forms the foundation of conservatism. Salon
Submitted 19 hours ago

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The logic in exporting U.S. oil
One of the economy’s good-news stories is the oil boom, a derivative of the natural gas boom. When the drilling techniques used to tap vast new reservoirs of natural gas were applied to oil, they yielded similarly astounding results. Since 2008, U.S. oil production has increased from 5 million barrels a day (mbd) to 8.3 mbd in 2014. The U.S. Energy Information Administration says it could go to 9.6 mbd by 2019. Washington Post
Submitted 19 hours ago

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LETTER: Trade Agreements are Ruining America
Do you ever call a tech and can’t understand what they are saying? Or is your income not keeping up with rising prices. Or you can’t find goods that have been made in America? The trade pact NAFTA has contributed to all of these things. It has led to lower wages, job losses, outsourcing, and even a loss of American sovereignty. Trade pacts such as NAFTA are regional arrangements that are foreign governing bodies that take control over not just trade but also regulations that have nothing to do with trade. pagosadailypost.com
Submitted yesterday

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It's Time for the US Middle Class to Make a Comeback
Conservative economic policies are eating middle class Americans alive - and killing us, too. For any society to work, people's basic needs have to be met, whether they have a job or not, and whether the economy is in an upswing or a downswing. As FDR laid out in his Second Bill of Rights, those basic needs include things like access to food, health care, housing, education and gainful employment. Unfortunately, thanks to 34 years of failed Reaganomics policies, the ability of Americans to meet those most basic of needs has all but disappeared. A new report out from the Center for American Progress (CAP) highlights just how big a hit America's middle class families have taken from conservative economic policies. Truth-Out
Submitted 4 days ago

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The Texas Enterprise Fund is needed, but Rick Perry’s management isn’t
There is a tendency to look at the Texas Enterprise Fund and say, do away with it. In a world where governors in most states have a taxpayer-financed, deal-closing fund to attract business, that would be a major mistake. I don’t want Texas to be left on the outside looking at projects going to other states. I want my governor pitching away. Dallas Morning News
Submitted 4 days ago

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Improving Innovation Climate Critical to US Economic Future
Yesterday the Partnership for American Innovation (PAI), which is comprised of Apple, DuPont, Ford, GE, IBM, Microsoft and Pfizer, submitted comments responsive to a request for public information published in the Federal Register back on July 29, 2014, titled Strategy for American Innovation. Some may recall that in February 2011, President Obama released a Strategy for American Innovation, which described the importance of innovation as a driver of U.S. economic growth and prosperity, and the critical role the government plays in supporting the innovation ecosystem. The Office of Science Technology Policy and the National Economic Council are now tasked with updating the document to create a revised Strategy for American Innovation. ipwatchdog.com
Submitted 4 days ago

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Opinion: Louisiana can sink or swim in job wave
On almost a weekly basis, there is news of yet another positive business milestone in Louisiana. Industrial projects, both new facilities and expansions of existing ones, have accounted for the bulk of planned expenditures and anticipated job creation announced in recent years. “Planned” and “anticipated” are key words in the previous sentence. Whether these investments are realized depends on continued favorable conditions for the companies involved and access to a workforce that can handle the industrial construction boom. For Louisiana, the abundance of good economic development news raises a critical question: Where are we going to find the manpower to handle a spate of projects with a value estimated to top $60 billion? Even if only half of them take shape, many believe the state’s lean skilled labor pool will be depleted. Neworleanscitybusiness.com
Submitted 5 days ago

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Lenovo's Jay Parker on U.S. branding, manufacturing
Jay Parker, the president of Lenovo North America, wants the global computer company to be a household name in the U.S. Even though Lenovo already ranks as the world's largest PC maker, Parker says he stills gets quizzical looks when he attends cocktail parties in Chapel Hill and says he works at Lenovo. Some even ask, "is that IBM?" Triangle Business Journal
Submitted 5 days ago

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If Cities Want to Succeed, They Need to Focus on What Makes Them Distinct
Have you ever noticed that while every company tries its hardest to convince you it’s different and better than its competition, every city tries its hardest to convince you it’s exactly like the coolest cities? Governing.com
Submitted 6 days ago

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Georgia's great experiment didn't work
During that period, the Legislature passed and the governors signed dozens of bills that provide tax breaks or exemptions to a variety of businesses and special-interest groups. These bills were enacted in the belief that cutting taxes on business would spur economic development and create thousands of new jobs for Georgians. News-Times
Submitted 6 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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