Thursday, January 31, 2013

Why not cut the budget when it makes sense.

The President's Jobs Panel were all Wall Street. They don't have answers. The States are setting up their own jobs panel. Maine, New York have focused on their specific needs.

The Jobs Council ideas were lacking. Their ? new ? ideas were no brainers. I don't blame President Obama for disbanding them.

Obama jobs panel pushes tax reform, domestic drilling (click here)

WASHINGTON | Tue Jan 17, 2012 4:02pm EST
...The panel, a who's who of corporate titans, has generated dozens of mostly modest proposals since it was created last February. Obama has acted on many of them through use of executive powers.
But some of their bolder ideas have lagged and the overall benefit to the still-sluggish job market remains uncertain. Despite that, Obama said "those small, incremental steps, they add up."...
Maine
January 23 
The Associated Press
AUGUSTA — Maine business leaders (click here) will join legislative leaders in announcing the members of a special committee that will look for ways to create jobs and improve the state's economy.
Maine State Chamber of Commerce President Dana Connors will join Senate President Justin Alfond of Portland and House Speaker Mark Eves of North Berwick for Wednesday's announcement at the State House. The Democratic leaders in December announced the formation of the 15-member Joint Select Committee on Maine's Workforce and Economic Future.
Its mission is to report out legislation to strengthen Maine's work force and help Maine's small businesses thrive.
The committee chairs are Senate Majority Leader Seth Goodall of Richmond and House Majority Leader Seth Berry of Bowdoinham, both Democrats.
New York sought to find where there was potential for more jobs, economy and investment. Every state is unique. While the federal government helped for awhile, the particulars of LOCAL ECONOMIES are the expertise of the state. 
Nov. 13, 2012
A boom to the New York dairy industry -- partly due to yogurt production that has more than doubled since 2005 -- means more jobs in the state and a growing sector in an otherwise sluggish economy. And Cornell plays a major role in new product innovation and dairy workforce training.
Such were the conclusions of a panel of Cornell experts and state and industry leaders who spoke at an open forum, "The yogurt revolution: How can New York support and expand this economic boom?" Nov. 8 on campus.
The event also included a tour of the $105 million renovation to Stocking Hall, which will include a pilot plant where industries can develop new products, and a 12,000-square-foot, state-of-the-art dairy processing plant, where students and industry professionals can get hands-on training and dairy products will be processed for use on campus. The facilities are slated to open in spring 2013....
The new educational facility is an investment made to increase the opportunities to local economies. I wish New Jersey did the same thing with the old American Cyanamid research facility in West Windsor. It is a ready made facility for research of all kinds with ready to use agricultural facilities. New Jersey should have expanded their state university to that facility. The place was not that expensive to purchase and the teaching faculty already exists within the NJ university system.

But, every state should be carrying out their own jobs council and now with more stable budgets there is no reason not to convene one. The state needs to be able to make the investment at the findings of the panel, but, those investments will be returned in time. 

Expanded job base means expanded tax base. Win-win investment.