By Brandon Glover
U.S. Sen. Richard Shelby R-Ala. held a Town Hall Meeting with residents of the area yesterday at
where he spoke about economic issues facing the area and the nation.
Some of the most pertinent questions
answered pertained to the economic needs of the state and Marengo County. Mitzi Gates asked the senator to detail efforts that could be achieved on a local level to entice economic growth.
“We have to get conditions right to bring in economic growth,” said
. “There are several things a community can do. First and most important is for a community to have a good attitude, to say that it is open for business.”
Shelby mentioned that bringing an extension to the
would greatly boost the appeal of the city to outside investment. He said an airport that can accommodate commercial jets would help bring big corporations and allow businesses to see that the area is ready for larger industries.
“You have to push the education system,” said
. “The jobs of tomorrow are going to be more demanding than the jobs of today, with the ever changing technology.”
said that the right tax conditions to entice larger corporations are necessary to aggressively seek industry.
said proper infrastructure, roads, for transportation is also important so industries can ship goods out.
Ken Tucker applauded
's efforts in getting the proposed Interstate 85 project rolling, which he felt would greatly help the infrastructure of the area.
said he tried to jump-start the project with $1 million dollars, he had to spend anywhere in the state.
“It won't be enough and I have told Gov. (Bob) Riley I hope he does something with it,” said
. “I don't know, they might have to build a toll road through here if they could pay it off.”
said an interstate four-lane highway couldn't hurt the economics of the area and his funds would enable them to start, though not finish, such a project. Tucker then asked
his thought on the growing national debt in relation to the growing Chinese economic impact in the world.
Shelby presented the gathering with a chart illustrating the deficit of
in a single year brought about by the discrepancies of imports versus exports by the nation.
“We have had a $50 billion dollar deficit in trade with Africa,” said
. “Where we have bought more from them than they have bought from us. “
Shelby showed that we fell short on trade to
$200 billion dollars and the total trade deficit was $782 billion dollars in the year illustrated.
said the growing deficits could erode the entire architecture of our economy if not checked.