Thursday, May 2, 2013

Hitting The Brakes on Foxx as Transportation Secretary

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/

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