Pr. George's County Exec. Delivers First State Of The Economy Address | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Pr. George's County Exec. Delivers First State Of The Economy Address

Play associated audio
Business leaders from Prince George's County listen as Executive Baker makes his case for the economic health of the region.
Elliott Francis
Business leaders from Prince George's County listen as Executive Baker makes his case for the economic health of the region.

Baker gave a full assessment of the county's economic health and expectations for the future in his first state of the economy address.

"This is a difficult time in our nation's economy," he said in his speech, given on the University of Maryland, College Park campus. "But ladies and gentlemen, I'm hear to tell you that in Prince George's County the state of the economy is good!"

Speaking to approximately 400 local business leaders, Baker put a positive light on the county's projected $77 million shortfall for 2012, by pointing out the lack of any tax hike and the county's AAA bond rating. He also took the opportunity to resell his proposed Economic Development Initiative, designed to expand the county's commercial tax base.

"This will attract developers and big companies but it will also nurture small businesses that are so fundamental to our economy and society," Baker says.

The $50 million EDI investment is part of the county executive's $2.6 billion spending plan which is currently under consideration by the County Council.

NPR

Searching For Buried Treasure In China, A Writer Discovers Himself

During the Sino-Japanese War, Huan Hsu's great-great-grandfather buried his vast porcelain collection to keep it safe. Hsu went to find it 70 years later, on a trip about more than missing china.
NPR

Cheez Whiz Helped Spread Processed Foods. Will It Be Squeezed Out?

Turns out, the history of Kraft's dull-orange cheese spread says a lot about the processed food industry — and where it might be headed as Kraft and Heinz merge.
NPR

Proposed Payday Industry Regulations Must Strike Delicate Balance

The federal government is moving to reign in the payday loan industry, which critics say traps consumers in a damaging cycle of debt. A look at the possible effects of proposed regulations.
NPR

App That Aims To Make Books 'Squeaky Clean' Draws Ire From Edited Writers

Clean Reader — an app designed to find, block and replace profanity in books — has drawn considerable criticism from authors. This week, makers of the app announced they would no longer sell e-books.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.