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Economic Development

Stop-and-go funding makes planning tough for Mississippi airport chiefs

The refusal of Congress to go beyond short-hop funding for the Federal Aviation Administration has made uncertainty just another work challenge that the heads of Mississippi’s two major commercial airports must overcome. As one funding lapse ends another one appears on the horizon for Dirk Vanderleest at Jackson-Evers International Airport and Bruce Frallic at Gulfport-Biloxi International Airport. The Aug. 8 ...

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Creating money

The Mississippi Development Authority (MDA) and Mississippi Arts Commission are offering the state’s first Creative Economy Summit this week that will include the unveiling of a first-of-its-kind comprehensive study of Mississippi’s creative industries. Communities such as Oxford, Meridian and the Mississippi Gulf Coast have found success in growing their “creative economy” — adding jobs and enhancing communities’ quality of life ...

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FAA money restored but Jackson-Evers projects may be in jeopardy

Late Friday afternoon action by the U.S. Senate and President Obama got the Federal Aviation Administration back in business but the big dollars lost in airline fees could hurt long-range projects planned by Jackson-Evers International Airport and other airports throughout Mississippi. At Jackson-Evers 10 FAA workers will return to work Monday after a two-week furlough caused by the refusal of ...

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Looming defense cuts bring return of familiar anxieties

Last Tuesday’s deal to slash defense spending by hundreds of billions as part of the deal to raise the nation’s debt ceiling set off the kind of anxiousness not felt in Columbus since the Base Realignment & Closure commission shut down a half-dozen years ago. Suddenly, the Golden Triangle’s continued economic resurgence is not as sure a thing as it ...

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Welfare is a Catch-22

Getting on welfare easier than getting off Regardless of the definition of poverty or opinions on solutions for change, one thing is certain: Getting on government assistance is a lot easier than getting off. Many single mothers who become dependent on welfare programs find the road to self-sufficiency difficult. Tanya Shavers, a 34-year-old mother of four who recently moved out ...

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Miss. poverty grows with single mom rate

See related story: “Welfare is a Catch-22,” Aug. 1, 2011 Despite having one of the nation’s top-rated welfare programs, Mississippi has the highest poverty rate in the nation: 21.8 percent. While a national group of experts has said poverty numbers are incorrectly calculated and are too high, the fact remains that approximately 20 percent of Mississippians are not self-sufficient. Don ...

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HOPE lands $1.5 million to boost recovery in distressed parts of Mid South

HOPE (Hope Enterprise Corporation/Hope Credit Union) has received a $1.5 million grant from the U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund to help spur economic growth and recovery in Mississippi and elsewhere across the Mid South. The money from the Community Development Financial Institutions Program also will be used to expand access to affordable financial products ...

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Are you in poverty if you have an Xbox?

The conservative think tank, The Heritage Foundation, has just released a study questioning whether the U.S. Census Bureau should allow Americans with a multitude of unnecessary electronic devices to be considered “in poverty.” According to the most recent Census, 21.8 percent of Mississippians live below poverty level, as opposed to 14.3 percent nationally. According to USDA numbers reported by the ...

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