News: Check out Columbus Townhall's new bookstore: http://bookstore.columbustownhall.com/
 
Welcome, Guest. Please login or register.

Login with username, password and session length
February 07, 2012, 10:37:16 PM
*

Recent

Your Info

Welcome, Guest. Please login or register.
February 07, 2012, 10:37:16 PM

Login with username, password and session length

Statistics

Members
Stats
  • Total Posts: 40600
  • Total Topics: 5158
  • Online Today: 27
  • Online Ever: 252
  • (April 10, 2011, 07:49:21 AM)
Users Online
Users: 0
Guests: 30
Total: 30

Links

Pages: 1 [2]
  Print  
Topic: Ohio: Business Climate  (Read 2971 times)
0 Members and 1 Guest are viewing this topic.
« Reply #15 on: January 14, 2010, 09:57:51 PM »
theshadow Offline
CTH Associate Professor

****
Reputation: +14/-24
Posts: 1248




Ignore

Satisfied with very little.  The highest scores were achieved on non-academic or fiscal factors. 

The Shadow looks at the whole story.
Logged
« Reply #16 on: February 05, 2010, 03:40:27 PM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

Ohio Ranks 4th in Economic Performance
(from the bottom)

According to the rankings, it seems like everything is in place to foster good business, but Policy is holding us back.
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #17 on: February 05, 2010, 05:51:20 PM »
theshadow Offline
CTH Associate Professor

****
Reputation: +14/-24
Posts: 1248




Ignore

There ae many policies that hold Ohio back but above all it is ATTITUDE.

 Note what the study summary said "For example, it can help states find ways to keep firms within their borders productive, its standards for education above average, and its infrastructures sound.”  and "Based on its strong showing in the measures of technology, business incubation and human resources, Massachusetts remains at the top...."

Massachusetts is a "liberal and blue state" (the election of Brown not withstanding)  It is 7th on per-capita-income tax (it has a 5.3% flat rate) Minnesota (the #4 in the competitiveness  rankings) is 5th.   Ohio is 28th. Taxation does not appear to be the problem.

On the other hand, Massachusetts is #1 and Minnesota # 2  in human resources while Ohio is 27th. 

Human resources come from education.  Technology and business incubators are dependent on human resources and Ohio finds itself in a closed loop since those human resources that are developed locally migrate (brain and youth drain) to areas of greater opportunities.  This has been long in coming and will be long in reversing.

Ohio's attitude towards education has been "good enough"  Indeed it took a nationally televised documentary to shame and prompt the state to improve school facilities.  School funding is still uneven (dependent on local conditions)
and standards (improving presently) have been woefully inadequate


From Pg 8 of the entire report   http://www.beaconhill.org/Compete08/BHIState08-FINAL.pdf

 "Human resources. A high level of labor force participation, and skilled labor that is readily available and not too expensive, combined with a widespread commitment to education, training and health care, make a state attractive for business. These factors are captured in the human resources subindex." (emphasis added)

How the factors are calculated can be seen on pg.12 of the report

The Shadow is happy to help
Logged
« Reply #18 on: February 05, 2010, 06:46:23 PM »
Peter Offline
Administrator
CTH Associate Professor

*****
Reputation: +13/-0
Posts: 1008




That's so myopic, shadow. You blaze past every other point to zero in on education. No thinking person is going to look at Ohio's economic situation and say, "all you need is more school funding." I suppose you think that Michigan's problems all boil down to education too?

We could pay $100,000 per student and it wouldn't make a difference. We undoubtedly have one of the most highly funded education systems on the planet, yet we have some of the lowest performing students. It's not because of funding. It starts at home; upbringing, parental involvement, two-parent households, work ethic (i.e., studying) and personal responsibility. The problem is cultural and social, because people tolerate mediocrity. And it doesn't help that some of the things our education system encourages only exacerbates the problem.

But no, on and on the harpies go, "funding! funding!" ... completely missing out on the obvious.

Logged
It's the spending, stupid!
« Reply #19 on: February 05, 2010, 10:09:19 PM »
theshadow Offline
CTH Associate Professor

****
Reputation: +14/-24
Posts: 1248




Ignore

Peter:

I zeroed in on human resources because the report does so.  Nowhere in my comments did I suggest that more money is necessary.   All I did was to point out that in Ohio there are differences in funding which bring about differences in opportunity.  By the way the institute that authored the report is the Massachusetts equivalent of the Buckeye Institute and similar to the Cato Institute.

However, since you mentioned money here is a statistic that addresses that. 

 Pg. 85 of
http://www.nea.org/assets/docs/09rankings.pdf

 (Yes I know it is an NEA report but I am an equal opportunity finder)

Per pupil expenditures (2008-09)  Massachusetts $14,723; Minnesota $109996; Ohio $9015. 

(Do what you will with it)

As to your other points I agree except the item on two parent households because there are many single parents (usually women) who brought up successful offspring (Obama being one) Cheesy.

As far a mediocrity note my comment about "good enough"

As you say the problem is cultural and social.  In great part it is the price still being paid for slavery, for prejudice and for neglect of some rural areas of the country.  The obsession with reality shows, American Idol etc. is an indication of where we are, mired in a sea of trivialities.

The Shadow
Logged
« Reply #20 on: March 12, 2010, 07:13:18 PM »
TonyBlair Offline
Verified Member
CTH Professor

*****
Reputation: +54/-0
Posts: 3824




Ignore

 Ohio Is in Even Worse Shape Than We Thought    [Matt A. Mayer]

The U.S. Bureau of Labor Statistics, in its March 2010 employment data, revised its state employment numbers going back to 1990. The Buckeye Institute’s 2010 “State of the State” report [PDF] highlighted several sobering pieces of BLS employment data, but, according to these new numbers, the outlook for Ohio is even worse than we thought.
 
Specifically, between January 1990 and January 2000, Ohio’s job market added 714,900 jobs, which was the 37th best in America. But between January 2000 and January 2010, Ohio’s job market lost 635,000 jobs — the second-worst numbers in the country.

All told, Ohio had the third worst job market in America in the last twenty years. Only Rhode Island, Michigan, and Connecticut fared worse. (The Buckeye Institute’s original “State of the State” report had Ohio’s job market only sixth from the bottom.)

What’s worse, Ohio is fourth from the bottom in ratio of private jobs created to government jobs created. For every 1.19 private-sector jobs added to the state’s economy over those 20 years, Ohio added 1 government job, a performance outdone only by New Jersey and bottom-of-the-list regulars Connecticut and Michigan.

Looking at the state’s ten industry sectors, there are fewer jobs today than there were in January 1990 in five sectors: Mining & Logging; Construction; Manufacturing; Information; and Trade, Transportation & Utilities. Four more industry sectors have lost jobs since 2000: Financial Activities; Professional & Business Services; Leisure & Hospitality; and Other Services.

Only Education & Health Services — the sector tied to government spending in K-12 schools, higher education, and health care — has more jobs today than in 2000 or 1990.

Finally, when comparing states based on their labor policies, right-to-work states saw an average increase in jobs from 1990 to 2010 of 36 percent — twenty points higher than the 16 percent seen in states that force workers to join a union. The bottom fifteen states in terms of job growth are all forced-unionization states, and 22 of the bottom 26 are. Ten of the top fifteen states have right-to-work laws.
 
Given this troubling revision of BLS data, the issues raised in our report are more critical than ever. This new employment data, when seen in light of the high tax burden and the explosion of government worker compensation noted in our report (not to mention the state’s projected budget deficit of $4-8 billion), requires far bolder and more specific action than we have heard thus far from Ohio’s leaders — and those seeking to lead us.
 

The question of the day is how this data will impact Ohio’s gubernatorial race. Conventional wisdom says the numbers support John Kasich’s narrative that Ted Strickland is not providing the leadership to turn Ohio around and that Kasich’s experience in balancing the federal budget is exactly what Ohio needs in a governor. Current polling supports this view.

The “but” here involves two pieces of baggage. First, the data strongly supports Strickland’s narrative that he inherited an enormous mess from the Republicans who had total control of state government from 1995 to 2006. He has a strong case — government grew substantially more during those years than during his first term. Secondly, Strickland will work very hard to tie Kasich’s years at now-defunct Lehman to the financial crisis that hit America — a “Blame Wall Street” move. This argument, although aided by Kasich’s refusal to release his pre-2008 tax returns, has thus far been undermined by news stories about the role Kasich played at Lehman. Fundamentally, Strickland runs the risk of looking like a governor who’s good at pointing fingers but not so good at providing solutions.

The bottom line: Things in Ohio will get more interesting as the months roll by.

— Matt A. Mayer is president of the Buckeye Institute.

http://corner.nationalreview.com/post/?q=M2Q3ZTk1MjQ0Yjk5NGUzNzQ2YzM3MTcwMDk5OWJhNzc=
Logged
We could say [Democrats] spend money like drunken sailors, but that would be unfair to drunken sailors. It would be unfair, because the sailors are spending their own money.  --Ronald Reagan

Al Gore didn't invent the internet, he invented global warming

The welfare of humanity is always the alibi of tyrants - Camus

The person who advocates government planning of the economy always assumes that it is his plan that will be put into effect.  --Hayek
« Reply #21 on: March 16, 2010, 02:40:11 PM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

Don't worry S, I'm sure there's no connection Roll Eyes

The Daily Beast

Quote
#50, Ohio

Hot industry: Educational services
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #22 on: March 16, 2010, 09:57:11 PM »
theshadow Offline
CTH Associate Professor

****
Reputation: +14/-24
Posts: 1248




Ignore

"The “but” here involves two pieces of baggage. First, the data strongly supports Strickland’s narrative that he inherited an enormous mess from the Republicans who had total control of state government from 1995 to 2006. He has a strong case — government grew substantially more during those years than during his first term. Secondly, Strickland will work very hard to tie Kasich’s years at now-defunct Lehman to the financial crisis that hit America — a “Blame Wall Street” move. This argument, although aided by Kasich’s refusal to release his pre-2008 tax returns, has thus far been undermined by news stories about the role Kasich played at Lehman. Fundamentally, Strickland runs the risk of looking like a governor who’s good at pointing fingers but not so good at providing solutions."  (Emphasis added)

 The Shadow is very surprised (and pleased) that someone from the Buckeye Institute actually acknowledges what the Shadow has been saying.  By the way there are new revelations about Lehman Brothers we will see if Kasich  is still unscathed.

Ohio's downward spiral started more than 20 years ago and while Mayer focuses on "right to work laws" The Shadow prefers to point to poor educational policy going way back when Kasich was a State Senator.  Ohio was left with industries that were either outdated, outsourced abroad or could not compete in quality with foreign companies and a work force no trained for what was to come.

Yes, the road back will be hard and everybody will have to give.

The Shadow  Cry   for the children and grandchildren (if they chose to stay in Ohio)
Logged
« Reply #23 on: March 17, 2010, 09:54:36 PM »
American Woman, American Mom, American Nurse
American Woman Offline
CTH Tutor

**
Reputation: +0/-0
Posts: 100




Ignore

Shadow says, "as to your other points I agree except the item on two parent households because there are many single parents (usually women) who brought up successful offspring (Obama being one)


Actually...with the exception of a 4year stint  of world traveling...... wasn't  Obama  raised by his grandparentS? My understanding was that his mother was a "chronic student" living in and out of her parents house collecting welfare checks along the way....


And for the record... Taft a RINO, was incredibly unfriendly towards businesses. Strickland, more of the same while dragging the citizenry down even further. As for Kasich.... I've met the man on a couple of occasions in the past at various Representative fundraisers while he was in the house.... I'm hoping having children has made him more conservative than his past.

 
Logged
« Reply #24 on: March 30, 2010, 02:22:12 PM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

Ohio Loses Out in Federal Education Funding Sweepstakes- Ohio Lost Points AFTER Ted went to DC to Sell Ohio

Read more: http://www.rightohio.com/2010/03/30/ohio-loses-out-in-federal-education-funding-sweepstakes-ohio-lost-points-after-ted-went-to-dc-to-sell-ohio/#ixzz0jgYrJnMT


Quote
In the “race to the top” education funding competition between states, Ohio is a big loser. But what I think is interesting is that was that after our state application was submitted, Ohio was initially tied for 5th place… then after Ohio was no longer allowed to alter the application and Gov. Strickland went to Washington to promote our schools, our score DRAMATICALLY TANKED…. more than any other state.
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #25 on: April 08, 2010, 02:08:59 PM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

2010 ALEC-LAFFER STATE ECONOMIC COMPETITIVENESS INDEX

2008: 47
2009: 45
2010: 49
Outlook: 42
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #26 on: July 27, 2010, 10:58:39 AM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

The Best--and Worst--Places to Build a Nest Egg

Drum roll please....

Doh!

Quote
The Worst States

Ohio (Score: 9): Not much is going right for Ohio residents. In the near term, their home prices are expected to take a huge hit. Between 2010 and 2013, home prices there are projected to drop by 3.5 percent per year, according to Moody's Analytics. Only in Florida, where prices are expected to fall by 5 percent, is the outlook worse. Don't expect great tax treatment in Ohio, either. Notably, the state's state and local tax burden, expressed in terms of taxes as a percentage of income, is 10.4 percent, the seventh highest in the country. Meanwhile, the state's 10.5 percent unemployment rate exceeds the national average.
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #27 on: July 27, 2010, 01:44:55 PM »
theshadow Offline
CTH Associate Professor

****
Reputation: +14/-24
Posts: 1248




Ignore

There is another study that reinforces the "discussion" of last year.    http://www.cnbc.com/id/31765926\\

Once again Ohio scores low (46th) in the availability of an educated workforce.  It also scores low in quality of life which is something that people look for when moving hence the brain drain in Ohio.  Young people leave.  In Cost of Doing business (which includes taxes) it scores 29th (the same as its overall score) yet Massachusetts with a higher cost of doing business (40th) ranks 8th overall with a rank of 6 for its work force. In business friendliness (not taxes but regulation and litigation) Ohio scores 43rd.   As I said way back at the beginning of this thread education should have been emphasized more when times were good.  And you made fun of it.  Well, now having made its bed, Ohio must lie in it.  It is going to be very difficult to get out of it.

The Shadow  Sad
Logged
« Reply #28 on: July 28, 2010, 03:49:54 PM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

Why in the world would regulation be view negatively in the report? Roll Eyes  I think we can agree that there isn't much good to be said.  I don't foresee "change" after November either.

"Ohio! I know someone who used to live there!"
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
« Reply #29 on: October 14, 2010, 01:23:18 PM »
Vocal Observer Offline
Verified Member
CTH Associate Professor

*****
Reputation: +18/-0
Posts: 1971




Ignore

PNC survey: Ohio business owners aren't optimistic about company prospects in next 6 months

Quote
PNC's fall economic outlook also said the top issue among Ohio businesses continues to be weak sales and that only 6 percent expect to hire full-time employees during the next six months, down from 19 percent in the spring.

In general, the survey shows the six-month forecast for sales and profits of those surveyed is weaker than in the spring. About half of the businesses surveyed have a neutral outlook about the local economy while about half are pessimistic, which is an improvement from a year ago and the spring.

Ohio business owners are gloomier than their national counterparts.
Logged
The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
 
Pages: 1 [2]
  Print  
 
Jump to:  

TinyPortal v1.0 beta 4 © Bloc
Powered by SMF 1.1.16 | SMF © 2011, Simple Machines