Tue
Jun 11 2013
02:03 pm
By: R. Neal
Gov. Haslam is touting a recent report saying Tennessee has one of the fastest growing economies in the U.S. But at what cost? And who's paying for it?
There's no good way to determine how many millions of taxpayer dollars the state has spent in the "corporate welfare" shell game to lure business (including some incentives that have not paid off).
Haslam also forgets to mention that:
- During the recovery from 2010 to 2012, average annual wages grew only 2.6% in Tennessee v. 3.1% nationwide.
- 14.9% of Tennessee residents are on food stamps, v. 10.2% nationwide.
- 18.4% of Tennessee's population is on TennCare, the state's version of Medicaid public health care assistance.
- Another 9.2% of Tennesseans are uninsured.
- 16.9% of Tennessee residents are living in poverty, v. 14.3% nationwide.
- Tennessee has the highest combined state and local sales tax in the nation.
- Tennessee unemployment is consistently higher than the U.S. rate.
- Tennessee is number one in meth abuse.
But hey, things are looking up for the governor and his wealthy pals, especially now that we have gutted workers comp, eliminated prevailing wage laws and protected negligent corporations from victims seeking justice.
|
Topics:
|
|
Discussing:
- Are Chat bots a waste of time? (1 reply)
- Smith & Wesson noise problem (1 reply)
- Musicians dropping out of President's Freedom Concert Series (1 reply)
- It's time for new blood in Congress, Barnett in - Burchett out (1 reply)
- Burning Down The House... (2 replies)
- Behind Lege Lies (1 reply)
- Peace (1 reply)
- Speak your truth, fight and believe. (1 reply)
- Large banks have too much AI data center debt? (1 reply)
- GOP misleading on federal health care funding (1 reply)
- Feds indict civil rights group (3 replies)
- Georgia issues burn ban, first time in state history (2 replies)
TN Progressive
- Smith & Wesson not a good fit for Blount County (BlountViews)
- Pellissippi Parkway extension delayed again (BlountViews)
- Blount County early voting record turnout (BlountViews)
- Louisville, TN, town center coming soon? (BlountViews)
- WATCH THIS SPACE. (Left Wing Cracker)
- America As It Is Right Now (RoaneViews)
- A friend sent this: From Captain McElwee's Tall Tales of Roane County (RoaneViews)
- The Meidas Touch (RoaneViews)
- Massive Security Breach Analysis (RoaneViews)
- (Whitescreek Journal)
- My choices in the August election (Left Wing Cracker)
- July 4, 2024 - aka The Twilight Zone (Joe Powell)
TN Politics
- Tennessee soybean farmers get morale boost from better prices, but future remains ‘daunting’ (TN Lookout)
- Tennessee pharmacies sell potent Ivermectin, led by anti-vaccine doctor who’s taken ‘bucketloads’ (TN Lookout)
- Republicans in US Senate left in dark by Trump on Iran deal, but want details and a vote (TN Lookout)
- Local election officials reel over ‘logistical nightmare’ of Trump’s vote-by-mail order (TN Lookout)
- Shelby County Clerk Tami Sawyer indicted by U.S. DOJ for using $44k in public funds for personal use (TN Lookout)
- After One Big Beautiful Bill Act, 100,000 Tennesseans’ lose SNAP food aid (TN Lookout)
Knox TN Today
- Fort Sanders, rewound (Knox TN Today)
- The Book Whisperer suggests special novels for June (Knox TN Today)
- The Johnsons (Knox TN Today)
- Larry Kerr + ‘Dream it. Do it.’ + Faye Cardwell (Knox TN Today)
- Mama said…“ Don’t burn your bridges.” (Knox TN Today)
- TSSAA approves basketball shot clock by 2029-30 season (Knox TN Today)
- Young Reader’s Shelf: The Lion, the Witch, and the Wardrobe (Knox TN Today)
- Wesley House Community Center invites the community to Friends of Wesley Breakfast (Knox TN Today)
- 6/17 HEADLINES: News and events from Knox, World, USA, Tennessee & Historic Notes (Knox TN Today)
- Applications now open for 2026 STRIVE veteran entrepreneurship cohort (Knox TN Today)
- Youth Scoop: Activities for all ages in Knox & area (Knox TN Today)
- War time drive at Knoxville High School (Knox TN Today)
Local TV News
- Greeneville begins planning for new landfill as growth increases demand (WATE)
- TN physicians warn immigration reporting law could have life-threatening consequences for critically ill children (WATE)
- Repaving of Alcoa's Diverging Diamond Interchange to impact traffic (WATE)
- Knoxville nonprofit CareCuts expands services with free telehealth clinic (WATE)
- Knoxville to commemorate Juneteenth with parade and festival (WATE)
- Knoxville pro golfer tees up for sixth straight Women's PGA Championship (WATE)
News Sentinel
State News
- Immigrant org, La Paz Chattanooga, tries to bridge immigration perspective at local club - Chattanooga Times Free Press (Times Free Press)
- Amazon to create 300 new jobs with new Chattanooga delivery station - Chattanooga Times Free Press (Times Free Press)
- Teen charged in connection with disappearance of Collegedale man - Chattanooga Times Free Press (Times Free Press)
- Vols’ new strength coach may play key role in Baylor star DGG’s decision - Chattanooga Times Free Press (Times Free Press)
Wire Reports
- S&P 500 futures are little changed as oil ticks higher, traders await Fed rate decision: Live updates - CNBC (Business)
- System may strengthen into Tropical Storm Arthur near Texas coast - WDSU (US News)
- Group planned to attack White House UFC event using snipers and drones, FBI says - BBC (US News)
- Read the 14-Point Draft Memorandum Between the US and Iran - Bloomberg.com (US News)
- Inflation and Kevin Warsh take center stage at the Federal Reserve’s interest rate meeting - NBC News (Business)
- US primaries in Oklahoma, Georgia, others: Key takeaways from the results - Al Jazeera (US News)
- 1 killed when small plane crashes on Texas highway. People leave vehicles to try to help - AP News (US News)
- DOJ aims to block suit over Musk data center pollution, citing national security - The Washington Post (Business)
- US Attorney for Minnesota charges 15 anti-ICE protesters, alleging ties to antifa groups - 5 EYEWITNESS NEWS (US News)
- OpenAI burned $3.7 billion in first quarter of 2026- The Information - Investing.com (Business)
- Oil slides on Iran supply hopes; bond yields pushed lower before Warsh debut - Reuters (Business)
- Protests break out in Senatobia following death of 1-year-old Kohen Wiley after police shooting - localmemphis.com (US News)
- B-52 bomber crash came as Air Force was upgrading legendary workhorse - Los Angeles Times (US News)
- Anthropic Ban Stirs Concerns at OpenAI and Beyond of Crackdown on Foreign AI Talent - The Information (Business)
- Carvana moves into new-car dealerships - Baton Rouge Business Report (Business)
Local Media
Lost Medicaid Funding
To date, the failure to expand Medicaid/TennCare has cost the State of Tennessee ? in lost federal funding. (Source)
Search and Archives
TN Progressive
Nearby:
- Blount Dems
- Herston TN Family Law
- Inside of Knoxville
- Instapundit
- Jack Lail
- Jim Stovall
- Knox Dems
- MoxCarm Blue Streak
- Outdoor Knoxville
- Pittman Properties
- Reality Me
- Stop Alcoa Parkway
Beyond:
- Nashville Scene
- Nashville Post
- Smart City Memphis
- TN Dems
- TN Journal
- TN Lookout
- Bob Stepno
- Facing South

With the huge cash reserves
With the huge cash reserves of companies and the profits they were making, and households decreasing their debt, I think the economy was going to improve as soon as households felt they had the discretionary money to spend, regardless of who was governor, president, etc. The degree of improvement could have been impacted by whomever got in those positions.
We're still in a slow growth
(in reply to jbr)
We're still in a slow growth cycle. There will be some improvement but not enough to launch the animal spirits anytime soon.
Yowza! Let them eat cake.
Yowza! Let them eat cake.
Things that also contribute
Things that also contribute positively to GDP: hailstorms, broken legs, meth lab raids, government studies of GDP, etc.
But hey, things are looking
Sort of like what Bredesen's 3rd term would have looked like, short of a few ALEC bills signed into law.