Tuesday, March 24, 2009

Mega-project on hold

http://www.brisbanetimes.com.au/ffximage/tornado_wideweb__470x323,2.jpg

This big huge monster aviation mega-project that continues to be bantered about in the News & Record that reportedly may bring as many as 800 jobs is now on hold. Moreover, today's article mentions that four major projects that allegedly may bring as many 2,000 jobs to the area are also on hold.

Well there's some dynamite economic development for ya!

I contend this...and I'm sorry if this is blunt, but we don't need another mistake in this area. Our citizens can't handle any more disappointments, either from companies who promise the world (and only deliver pocket change) or from our elected officials.

Skybus went Sky-bust. Promised the world, was promised corporate welfare, went belly up months later.

Dell, promised the world, was promised corporate welfare, gladly took corporate welfare. Announced an unknown number of layoffs only months later.

Lenovo, promised the world, was promised corporate welfare...professional staff in the Triangle, manufacturing staff hired in eastern Guilford County...months later, professional staff remain in the Triangle, manufacturing staff in Guilford County laid off.

FedEx...

I won't start.

We can't handle anymore bad news. If your company is not strong enough in this weird economic environment, then please don't do any grandiose announcements or hire so many people, only to fire them seven months later. If your company isn't strong enough to come in here to put the Triad's workforce back to work, then don't even bother coming.

E.C. :)

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