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...auto industry woes are being felt here too. Over the last two decades, Mississippi, South Carolina and Tennessee lured automakers with relatively inexpensive land and lax labor laws. Now, Tennessee is fighting the possible closure of a GM plant in Spring Hill, and Toyota has already postponed the start of production of the Prius at a new plant in Mississippi...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

...there's any city that symbolizes the boldness of the South's economic ascendance, and what's at stake with its decline, it is Atlanta. New condominium projects are scattered across this city's downtown. One of the most striking is the Atlantic Residences, up the street from a faux Arc de Triomphe, a man-made pond, an Ikea and a Target. A sign around the 46-story tower reads: "Luxury residences from the $400s to $800s" ... Spectacular penthouse from $1 million." Just a few months before the building's planned opening, however, the appetite for such excess is disappearing...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

Read TIME's 1976 cover story, "The South Today...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

...Today, the vast majority of Americans travel by either car or airplane, depending on the distance of their journey. This has contributed to our debilitating dependence on foreign oil and has made our transportation system lag behind others in the developed world, as countries like South Korea, France, Taiwan, and Spain have invested heavily in relatively efficient, fast, and safe high-speed trains that connect major metropolitan areas. Even China, the world’s largest developing economy, is making strides in this area—one can now take a high-speed bullet train from Pudong airport to downtown...

Author: By The Crimson Staff | Title: Working on the Railroad | 4/18/2009 | See Source »

...granted specifically to the Federal Government, has been grist for conservatives for more than a decade. The movement got a boost following the Democratic return to dominance in Congress and more traction when federal dictates about how to spend stimulus money raised hackles in places like Texas and South Carolina. Some two dozen state legislatures are considering or have passed resolutions supporting the 10th Amendment...

Author: /time Magazine | Title: What's All That Secession Ruckus in Texas? | 4/18/2009 | See Source »

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