Sad news for the newspaper world today, and especially sad news for residents of New Orleans.
“It’s all a money grab,” said Tom Finkbiner, senior chairman of the Intermodal Transportation Institute at the University of Denver. “The competition becomes between ports and it goes to Washington and you have to justify why you are spending this money. So it becomes an excuse.”
Like it or not, government jobs have traditionally been good, stable ones, and we have been used to those jobs expanding in number as the population grows.
What do these cuts look like in the real world? Last month, almost 1600 people showed up for a city government job fair in Savannah, although the city only had 22 openings.
One West Victory, with plans for 121 apartments as well as a relatively small amount of commercial space at the corner of Victory Drive and Bull Street, won fairly easy approval at today’s City Council meeting. I’m a little surprised by the investment that Jamestown and Greenstreet Properties is willing to make there, but I’m generally thrilled about it.
If you’re interested in the ongoing debates, controversies, costs, and risks regarding dredging the Savannah River from 42′ to 47′, check out this interesting piece today by Curtis Tate of McClatchy Newspapers: As states seek funds for deeper ports, will ships come in?
It’s been like watching a slow-motion — and entirely preventable — train wreck: extreme austerity measures aren’t leading Europe to prosperity but driving the continent’s economy into the ground. This has seemed pretty obvious for a long time, but European policy makers have seemed somehow blind to the problem.