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While many commentators have proclaimed that President Obama has no mandate, business leaders think otherwise. "President Obama has a mandate to lead," said Michigan's former Governor John Engler, who heads the Business Roundtable. "I believe the president has won a mandate. It's not the margin, it's the victory that matters," said Engler, who added, "The strengthening of the position in the Senate enhances the president's mandate."
The day after the nation re-elected President Barack Obama, Engler and two other business leaders held a press webinar conference offering their analysis and insight from a business perspective about the 2012 election results.
In 2010, 4.2 million more people worked at home than a decade before, according to a report by the U.S. Census Bureau. Home-Based Workers in the United States: 2010 contains findings from the Survey of Income and Program Participation and the American Community Survey. According to the Survey, the number of people who worked at home at least one day per week increased from 9.5 million in 1999 to 13.4 million in 2010, increasing from 7.0 percent to 9.5 percent of all workers. The largest increase occurred between 2005 and 2010, when the share grew from 7.8 percent to 9.5 percent of all workers, an increase of more than 2 million.
Three days after the election, The Interior Department, issued a final plan to close 1.6 million acres of federal land in the West originally slated for oil shale development.
The proposed plan would fence off a majority of the initial blueprint laid out in the final days of the George W. Bush administration. It faces a 30-day protest period and a 60-day process to ensure it is consistent with local and state policies. After that, the department would render a decision for implementation.
In 2010, state and local governments brought in nearly $3.2 trillion in revenue, a 51.4 percent ($1.1 trillion) increase from 2009, according to statistics from the U.S. Census Bureau. Revenue from the federal government increased 16.1 percent from $537.2 billion to $623.7 billion between 2009 and 2010.
These findings come from the 2010 Annual Surveys of State and Local Government Finances, which include statistics on revenues (including taxes), expenditures, debt and assets (cash and security holdings) for state and local governments.
Representatives of Partnership to Fuel America were in Billings, a couple weeks ago, to introduce local leaders to their program and enlist their support.
The Partnership to Fuel America functions under the umbrella of the Institute for 21st Century Energy, an organization formed by the US Chamber of Commerce in 2007, to promote "common sense" energy solutions. "The Chamber wanted a more focused voice on energy," explained Matt Koch, Vice President of the Institute. Koch said that they are asking local leaders "to be a resource" and "to speak to legislatures here and in Washington"
The Partnership has enlisted 289 members in eleven states, including the Montana Chamber of Commerce, the Montana Retail Association and the hospitality association, said Koch. Their hope for more support in Billings seemed to be well-received among the city and county political leaders, as well as economic development leaders, who attended the meeting hosted by Big Sky Economic Development (EDC).
Today's weaker-than expected jobs numbers highlight the role overregulation plays in hampering job growth. As the Dodd-Frank law, which has produced scores of regulations costing the economy at least $7 billion a year, approaches its second anniversary, a new study focusing on Georgia provides further evidence that this supposed Wall Street "reform" is having devastating effects on Main Street businesses and jobs.
The Big Sky Business Journal
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