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Trump vows 25 million jobs, most of any president
President Donald Trump laid out a clear vision for the United States in his inaugural address: "Buy American and hire American." He calls it the "America First" doctrine. It's not just a slogan. The new president promises his plans will create 25 million new jobs in the next decade. It would be the most jobs created under any U.S. president ever, topping even the nearly 23 million jobs added under President Bill Clinton during the boom years of the 1990s. Wfmz.com
Submitted 2 days ago

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Trump Threats Could Inadvertently Encourage More Mexican Auto Investments
President-elect Donald Trump's repeated attacks on Mexican auto imports has collapsed the peso — which has ironically made Mexico a more inviting location for American manufacturers. Trump has repeatedly warned automakers they could be hit with a 35 percent tariff on imports, but some observers believe such threats could actually make it more attractive to invest south of the border. NBC News
Submitted 2 days ago

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How Trump's Protectionism Would Destroy Auto Industry Jobs, Not Create Them
President Donald J. Trump didn't wait long to act on one of his signature campaign promises, announcing just moments after being sworn in as the country's 45th president that the U.S. intends to withdraw from the Trans-Pacific Partnership and that he will renegotiate the North American Free Trade Agreement "to give American workers a fair deal." If Mexico and Canada don't agree to better terms for the U.S, according to a statement from the new White House, "then the President will give notice of the United States’ intent to withdraw from NAFTA." While Trump's stated goal is to bring manufacturing jobs back to the U.S., studies have concluded that withdrawing from NAFTA, or imposing a 35 percent tariff on imported vehicles as Trump has threatened, would have the opposite effect. Forbes
Submitted 2 days ago

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Bill aims to keep Delta Queen afloat Previous
Efforts to get the nation's oldest authentic steamboat, the Delta Queen, cruising again for the first time since 2008 were given a boost this month with legislation introduced in the Senate. The Delta Queen, commissioned in 1927 an docked in Houma, has long been impacted by the Safety at Sea Act passed by Congress in 1966. The act required boats that carried more than 50 passengers overnight on U.S. waters to be made completely of noncombustible materials. Houma Today
Submitted 2 days ago

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Louisiana eyeing clean energy projects with Volkswagen settlement money
State officials are eyeing clean energy projects like fuel-efficient school buses in Louisiana after a U.S. settlement with Volkswagen over the auto maker’s emissions scandal will send $18 million to the state. Louisiana Department of Environmental Quality Secretary Chuck Brown gave government, business and environmental leaders at Louisiana Clean Fuels’ annual meeting today an outline of how the state plans to spend Louisiana’s chunk of the $4.3 billion VW will pay as part of its emissions-rigging settlement with the U.S. government. Brown highlighted the alternative energy projects that will come from the deal. Businessreport.com
Submitted 2 days ago

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Judge temporarily blocks Planned Parenthood's ouster from Texas Medicaid
U.S. District Court Judge Sam Sparks on Thursday delayed Planned Parenthood's ouster from the state’s Medicaid program until Feb. 21. The decision comes after three days of testimony and arguments in the U.S. District Court in Austin. The reproductive health provider initially sued more than a year ago, but that lawsuit sat dormant until Dec. 20, when the Texas Health and Human Services Commission put Planned Parenthood on notice that its Medicaid funding would end. Texas Tribune
Submitted 2 days ago

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Thanks to Trump, 2 States Are Getting New Governors
Two states will soon have new governors as a result of appointments by President-elect Donald Trump. In one of those states, that could mean real political change. Governing.com
Submitted 2 days ago

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FULL SPEECH: President Donald Trump inaugural address
Chief Justice Roberts, President Carter, President Clinton, President Bush, President Obama, fellow Americans, and people of the world: thank you. We, the citizens of America, are now joined in a great national effort to rebuild our country and to restore its promise for all of our people. Together, we will determine the course of America and the world for years to come. We will face challenges. We will confront hardships. But we will get the job done. Every four years, we gather on these steps to carry out the orderly and peaceful transfer of power, and we are grateful to President Obama and First Lady Michelle Obama for their gracious aid throughout this transition. They have been magnificent. The Hill
Submitted 2 days ago

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Why Cities Will Be Protest Hubs in 2017
In May 2012, at the height of the Occupy Wall Street demonstrations, the journalist Sarah Jaffe took a walk through New York City. Stopping by The New York Times building, she witnessed a protest unfold there; blocks away at Bryant Park, other demonstrators had gathered. As she walked to lower Manhattan, she encountered several more. “And I thought, ‘OK, something’s happening here,’” Jaffe says. Citylab.com
Submitted 2 days ago

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If Obamacare Dies, Cities Will Feel It
Every year, about 300 children under age 6 turn up with elevated blood-lead levels among the thousands of lab tests surveilled by Houston’s Childhood Lead Poisoning Prevention program. In the vast majority of cases, their staff follows up. Health officers reach out to parents to ensure that their kids are receiving care. Lead inspectors visit the aging homes in which those kids often live, and remediation crews scrape and replace the toxic paint from window frames and siding. Educators knit themselves into communities, educating schools, churches, PTA groups, and organizations devoted to incoming refugees. Citylab.com
Submitted 2 days ago

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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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