Archive for Job Creation

Hillsborough Economic Prosperity Stakeholder Committee

Posted in Economic Development, Hillsborough County, FL with tags , , , on April 5, 2012 by verbumsapienti2

Hillsborough taxpayers paid many tens of thousands of dollars on County economic development studies to determine which specific industries should be targeted in order to create local high-paying jobs.

Those “target industries” included:

  • Biotechnology & Medical Devices
  • Medicine & Medical Management
    • Electronic Health Records
    • Medical Simulation & Training
  • Cross-Business Functions
    • Shared Services
    • Business Analytics
    • Information Technology
    • Headquarters Enabling Functions
  • Financial Services
    • Middle/Back Office Operations
  • Defense & Security
    • Security and Technology
    • Security/Intelligence Consulting

Question: how many of these target industries are represented on the new Hillsborough Economic Prosperity Stakeholder Committee?

Answer: none, they all went to the land development industry.

<IMHO> Fred Jacobsen


Pony first; cart after

Posted in Economic Development, Hillsborough County, FL, taxes, Transportation with tags , , , , , , on March 4, 2012 by

Don’t blame over-burdened, under-employed Hillsborough County residents for the lack of infrastructure in downtown Tampa.

The first to benefit would be downtown businesses and land owners; they should be the first to pony up.

They are the private part of public/private partnerships still sitting on the sidelines waiting for the taxpaying public to load the carts for them.

Once the promised high-wage, good-benefit, full-time jobs materialize, the newly employed will shop, eat, play and live downtown.

Their taxes will then also help fund teachers, police, firefighters and public works.

Pony first; cart after.

<IMHO> Fred Jacobsen

Seeding the Fields

Posted in Economic Development, Hillsborough County, FL, Job-creators with tags , , on December 18, 2011 by verbumsapienti2

Today’s St. Pete Times (Tampa Bay Times) includes an interesting article in the Business section by Robert Trigaux:
Seeding the Fields – A regional support system for startups is blossoming

Perhaps we all could sponsor a regional (or at least a county-wide) one-day forum bringing together all individuals and organizations interested in supporting entrepreneurialism.

Something might grow out of that.

Wouldn’t it be something for Tampa Bay to become known internationally as the Entrepreneurial Ecosystem capital of the world?

Why not? You cannot harvest what you don’t grow.

<IMHO> Fred Jacobsen

West Central Florida Economic Development Centered on Tampa Bay

Posted in Economic Development, Hillsborough County, FL with tags , , , , on December 6, 2011 by verbumsapienti2

Map of West Central FloridaI dearly love Tampa Mayor Bob Buckhorn, but yet another two-year, million-dollar “blueprint” study for downtown development is just a distraction from the real, regional planning that needs to take place. Instead of trying to create the best-little-block-in-Tampa, why not work to create the best quality metropolitan statistical area in Florida, or anywhere? Instead of every mayor and county commissioner fighting to win for themselves that white knight job-creating company to relocate here, why not together challenge Miami’s prominence in the state?

Eighth-ranked MSA Miami-Fort Lauderdale-Pompano Beach has a combined population of 5.5 million people, compared to 19th-ranked Tampa-St. Petersburg-Clearwater with over 2.7 million people. Yet the Miami MSA has many more times the financial clout of the Tampa MSA. However, if we further expand the view of ourselves as the West Central Florida MSA, we then have the population to rival the Miami MSA. We just lack the vision and political will to become a greater region.

We only have to look at how many roads and bus routes seem to stop at county lines to understand the problem. We think local, not regional. When we do think regionally, we tend to think of the mythical Orlampa I-4 corridor as becoming a unified economic powerhouse. We don’t need The Mouse to be great. We have it all, and more, right in our own backyard.

Take for example the planning area considered by the Tampa Bay Area Regional Transportation Authority (TBARTA), which includes the counties of Citrus, Hernando, Pasco, Pinellas, Hillsborough, Manatee and Sarasota. Take note that this is a north-south corridor that includes numerous world-class schools, hospitals, a major military base, many square miles of pristine environment, three international airports, three deep-water ports and a network of highways and rail lines.

It is long past time for us to stop pushing around peanuts and compete on the world stage. Unless Miami figures out how to expand into the Atlantic or the Everglades, there is no place for it to grow. West Central Florida can plan now for regional commerce, transportation, agriculture, clean water and energy to attract and accommodate business, students, residents and eco-tourists for the next 100 years — if we choose to come together, do it now, and do it right.

<IMHO> Fred Jacobsen

How do new jobs happen for Tampa?

Posted in Hillsborough County, FL, Job-creators with tags , , , , on September 22, 2011 by
Job creation in Tampa

Who "created" those jobs?

Twin tidings of good jobs is the subject of a Tribune opinion today.

I know they don’t want to hear it, but The Tribune would be doing an important service to taxpayers if they would carefully document and report how these new local jobs actually came about.

Credit for the 500 jobs with Time Warner and the 400 jobs with Adventist Health System will all be claimed by the president of the United States; the governor of Florida; the chair of the Hillsborough County BOCC; the mayor of Tampa, as well as the Tampa-Hillsborough Economic Development Corporation and the various chambers of commerce.

If everyone does not clearly understand the actual process of how new jobs were successfully created in the area, we will have little hope that that process can or will be replicated.

For the vast majority of Tampa Tribune readers, job creation isn’t about getting reelected, it is about getting reemployed.

<IMHO> Fred Jacobsen

The sky is NOT falling

Posted in Hillsborough County, FL, Job-creators, Politics, taxes with tags , , , on September 20, 2011 by verbumsapienti2
List of county roads in Pasco County, Florida

Road to employment

Before Hillsborough County pols go all Chicken Little over Pasco County offering $10 million to Raymond James to locate there, we should all rejoice and consider how many of those hundreds of promised jobs might become filled by nearby Hillsborough residents.

This is about jobs and controlling Hillsborough tax expenditures, not look-look-what-I-did come re-election time, by now getting into a bidding war with another county.

<IMHO> Fred Jacobsen

Supply-side economics is dead.

Posted in Job-creators with tags , , on June 16, 2011 by verbumsapienti2

Last night I was astonished to hear TV commentators say that increased demand for goods and services alone would not be a sufficient factor for job-creators to hire additional workers.

Instead, job-creators first want guaranteed lower taxes; lower worker wages and benefits; lower regulations along with higher corporate profits before they start hiring.

In my opinion, this turns upside-down the old Harvard Business School mantra of  “increase the demand for goods and services; then increased supply will follow.”

Henry Ford on the cover of Time Magazine, Janu...

Employ them fairly and they will buy

How did Henry Ford increase the demand for Ford automobiles? He hired more Ford factory workers and paid them wages sufficient for them to become Ford automobile buyers.

We are quickly reaching the precipice of a depression unless job-creators first put people back to work so that they can in turn afford to buy those goods and services they are today doing without.

Wealth does not “trickle down” from the job-creators, wealth “trickles up” from the worker-consumers.

It is a dangerous game the job-creators are playing with America’s economy. Winning at any cost will only result in the loss of our American way of life; the certainty of “life, liberty and the pursuit of happiness” for all, not just for the job-creators.

<IMHO> Fred Jacobsen