Well let’s talk about that economic growth shall we? If you live in
Charlotte, chances are you know a considerable amount of people in the
banking industry. That is because Charlotte is the second largest banking city
in the US, after New York City. Bank of America and Wells Fargo are
headquartered in the city. Let’s also not forget NASCAR, a company of
which 75% of employees and drivers live in the Charlotte-Metro area.
The truth is it has not been the expansion of transportation in
Charlotte that has lead to higher employment. While Bloomberg
lists Charlotte as number 10 on it’s list of “Boomtowns,” it notes
correctly that the banking industry has been the longstanding reason
people flock to the city.
Read more: http://www.redstate.com/2013/05/01/hitting-the-brakes-on-foxx-as-transportation-secretary/
Read more: http://www.redstate.com/2013/05/01/hitting-the-brakes-on-foxx-as-transportation-secretary/
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