Op-Ed: Why Are Tennesseans Subsidizing Ford Motor Co.?

Since the Blue Oval City project came to light, there have been many questions raised about the wisdom of our state leaders engaging in this project. When leadership is challenged, the public refrain is typically “it’s about the jobs.” The companion refrain involving other public topics is often – “it’s for the children.”

Valid concerns were raised about the Blue Oval City deal that went unanswered. Among them, “Is Ford aligning itself with Tennessee values?” Or, “is Tennessee going to align itself with Ford’s values?” – The latter seems more likely.

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Economy Adds More Jobs Than Expected, Wages Can’t Keep Up With Inflation

Wage Gains Have Not Kept Pace With Inflation, Which Is Rising At The Fastest Rate In Decades. In Roughly The Last Twelve Months, Energy Costs Have Risen Roughly 30% And Food Prices Have Risen Almost 10%, With The Overall Inflation Rate Much Higher Than The 5.2% Wage Gains.

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Spring Hill, Tennessee Is One Of The Fastest Growing Cities In The U.S.

Spring Hill Was The 10th Fastest-Growing City In The United States Between July 2020 And July 2021, According To New Data From The U.S. Census Bureau.

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Texas Ramps Up Oil Production As Gas Prices Reach New Record High

As The Biden Administration Doubles Down On Its Policies Restricting Domestic Oil And Gas Production And Promoting Green Energy, Texas Is Ramping Up Production And Hiring People To Work In The Industry.

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Tennessee Has Given Out Six FastTrack Incentive Grants of $1Million Or Greater So Far In 2022

Tennessee Allocated Six Incentive Grants Worth At Least $1 Million To Companies This Year Who Are Either Building New Facilities Or Expanding Facilities In The State.

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Tennessee Legislation Rejects Divestment Trend Of Fossil Fuel Industry

Legislation That Passed Both The House And Senate Of The Tennessee General Assembly With Votes Along Party Lines Prohibits The State Treasurer From Entering Into Contracts With Banks Or Other Financial Institutions In Tennessee That Have A Policy Of Prohibiting Financing To Companies In The Fossil Fuel Industry Unless The State Was Unable To Obtain The Services Elsewhere.

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