Word: taxed
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...added 17,500 new jobs between July 2000 and July 2003; the Fayetteville area (pop. 320,000) added 16,300. "That might seem surprising to some," says Ross DeVol, author of the study, but many smaller regions share characteristics that act as job magnets: lower costs, tax breaks for employers, funding for entrepreneurs and a deepening pool of skilled and educated workers. Many are college towns, seats of government or home to a big company that nourishes others. Thanks to the Internet and to satellite technology, a company in Iowa City can be as connected as one in Los Angeles...
...come up with the jobs? Companies don't move to places like Fargo on a whim; it generally takes money in the form of incentives. Arkansas has spent $700 million on roads and airports around Fayetteville over the past decade. Cities like Fort Myers and Santa Fe, N.M., offer tax-abatement packages to businesses big and small in exchange for creating jobs. So do lots of places, including big cities. That's why livability is often the clincher...
...become increasingly specialized, creating niche firms for temporary doctors, nurses, accountants, engineers, IT consultants, legislative aides, even personal assistants for celebrities. Despite such tailorization, the uncertainty and volatility for the individual temp workers remain. "You have no guarantee of tomorrow," says Allan Thompson, 48, a state-and local-tax specialist in Dayton, Ohio, who signed on with a temporary accounting-services firm this spring. "But people could arguably say there's no guarantee when you have a full-time job either...
...DIDN'T WE NEED THE TAX CUTS BEHIND THE DEFICITS TO KICK-START THE ECONOMY...
...could have accomplished our full stimulus effects with tax cuts that were temporary and targeted and more in the form of state and local assistance projects like homeland security or infrastructure. There were a lot of deferred projects that could have been started up very quickly...