Started By
Message

WSJ: 'The South’s Economy Is Falling Behind: ‘All of a Sudden the Money Stops Flowing’'

Posted on 6/10/19 at 10:34 pm
Posted by ExtraGravy
Member since Nov 2018
794 posts
Posted on 6/10/19 at 10:34 pm
(no message)
This post was edited on 11/22/20 at 4:38 pm
Posted by simonizer
no
Member since Oct 2008
1647 posts
Posted on 6/10/19 at 10:36 pm to
Richard Florida, an urbanization expert at the University of Toronto.

stopped right there
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48570 posts
Posted on 6/10/19 at 10:37 pm to
Texas and Florida have some of the more rapidly expanding economies in the country. California has lost tons of companies to more pro business states, particularly Texas.
Posted by Brosef Stalin
Member since Dec 2011
39210 posts
Posted on 6/10/19 at 10:41 pm to
Louisiana, Mississippi, and Arkansas will always be poor. Texas and Alabama are booming right now.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64044 posts
Posted on 6/10/19 at 10:44 pm to
This is fundamental Word Salad. I read this shite over the weekend.

They are saying low taxes and low wages brought in alot of business, they say it worked, but then stalled (not true), so now we should raise taxes and wages, to restart economic growth because globalization.

OK! Thanks for your advice! Thanks for looking out for us! We'll take the matter under advisement!
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69306 posts
Posted on 6/10/19 at 10:46 pm to
I call BS on this article.

states like texas, florida, Tennessee, and North Carolina are among the fastest growing states in nation with expanding economies.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 6/10/19 at 10:47 pm to
quote:

Texas and Florida have some of the more rapidly expanding economies in the country


In fairness, the article has adopted the OT ruling that Texas and Florida do not count as part of "the South"

Posted by fallguy_1978
Best States #50
Member since Feb 2018
48570 posts
Posted on 6/10/19 at 10:50 pm to
quote:

the article has adopted the OT ruling that Texas and Florida do not count as part of "the South"

Tennessee? It kind of loses credibility to me when they selectively choose what's the South.

Florida absolutely is despite much of it not having the same characteristics. Texas is huge so a different animal. East Texas is definitely southern though.
Posted by JPinLondon
not in London (currently NW Ohio)
Member since Nov 2006
7855 posts
Posted on 6/10/19 at 10:51 pm to
quote:

I thought suggestions in the thread like "omg once you start electing Democrats it's sure failure!" were ridiculous

I read the article and I will comment soon. But yea, Democrats fricking suck. Especially Democrat-run city councils led by Democrat mayors.

In order for my Harahan-based, 1955-founded company to sell our rescue device to Los Angeles Fire Dept., I had to spend a day and a half filling out documents proving we never OWNED SLAVES!!

Democrats can suck my dick.


This post was edited on 6/10/19 at 10:55 pm
Posted by CamdenTiger
Member since Aug 2009
62446 posts
Posted on 6/10/19 at 10:54 pm to
Is it the no state taxes in Florida/Texas, or the education in those States?
Posted by BhamDore
Nashville
Member since Aug 2009
6289 posts
Posted on 6/10/19 at 10:54 pm to
Texas and Florida are filled with educated transplants. Atlanta and Nashville are also filled with educated transplants. The rest of the Deep South states are lagging behind big time. Lack of commitment to education and draconian conservative policies at the state level will always keep the Southern states at the bottom.

Cities and states with elite Universities that produce an attractive talent pool are always going to get the jobs.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48570 posts
Posted on 6/10/19 at 10:56 pm to
quote:

Lack of commitment to education

Louisiana spends mid 20s per pupil and has 46th ranked schools. Do you think we'd do any better if we spent more?
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 6/10/19 at 10:56 pm to
I'm having a hard time copy and pasting for some reason but the article doesn't include Texas and Florida except for a part in parenthesis that says the numbers are still lower but not as bad if you include both states (and Maryland and Delaware)
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34769 posts
Posted on 6/10/19 at 10:58 pm to
quote:

Texas and Florida
neither are the south
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35628 posts
Posted on 6/10/19 at 10:59 pm to
quote:

the article has adopted the OT ruling that Texas and Florida do not count as part of "the South


Is true. It's not like the panhandle is booming outside of tourist season and that's the only southern part. Most of the Texas story isn't super relevant.

I'm going to actually read the article in a minute but I presume when all the surrounding states have the business friendly tax structures and regs, the ones with the better education and infrastructure end up getting all of the businesses.

Nashville, Atlanta, Birmingham, Huntsville. Charlotte.

There comes a point there needs to be infrastructure spending and education spending or you're not going to keep companies around because families won't want to move there.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34769 posts
Posted on 6/10/19 at 10:59 pm to
quote:

Louisiana spends mid 20s per pupil and has 46th ranked schools. Do you think we'd do any better if we spent more?



we could be number 1 and we still would have god awful schools. Sometimes money isn’t the problem
Posted by WeeWee
Member since Aug 2012
40139 posts
Posted on 6/10/19 at 10:59 pm to
quote:

“Those policies worked before, then they became fundamental constraints on the [South’s] long-term growth,” said Richard Florida, an urbanization expert at the University of Toronto.



I went to school with some people from Canada and one of my best friends is Canadian. They are good people, but they know nothing about America especially the American south. Taking advice on America from a Canadian is like asking a penguin for advice to survive in the Sahara.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65779 posts
Posted on 6/10/19 at 11:00 pm to
You're not understanding what the OP even referenced relative to the article. Maybe not understanding the article much as well. If you're inclined to believe a state's economy is booming, you need to ask yourself where it's thriving. Is it small town Tennessee, Texas, Florida, Georgia and Kentucky? No. Not at all. Sooo...

Nashville, AR will never be Nashville, TN and so on and so on.
Posted by wadewilson
Member since Sep 2009
36562 posts
Posted on 6/10/19 at 11:01 pm to
quote:


In order for my Harahan-based, 1955-founded company to sell our rescue device to Los Angeles Fire Dept., I had to spend a day and a half filling out documents proving we never OWNED SLAVES!! 



No way.
Posted by TxTiger82
Member since Sep 2004
33940 posts
Posted on 6/10/19 at 11:01 pm to
The true economic divide in this country is between livable cities with educated workforces and cities that have failed to adapt. Southern cities like Houston, Atlanta, Charlotte, Nashville, Birmingham, and Jacksonville have strong economies that are getting stronger.

**Washington D.C. should probably also count as "Southern," but I'm guessing the article doesn't include it.
This post was edited on 6/10/19 at 11:02 pm
first pageprev pagePage 1 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram