The Legislature’s revenue estimating economists today announced a shortfall of about $1 billion for the coming year and $1.5 billion the following year. Rick Scott continues to rule out tax increases.
Economy
Rubio’s Rig: Florida’s Answer to Obama Health Law Leaving Small Businesses Cold
Florida’s Marco Rubio-created insurance exchanges aren’t open to individuals, provide no subsidies or tax credits, and no essential health benefits, as federal plans do. The exchanges have not been popular.
Florida Is No. 1–In Costs and Effects of Hunger
In the past 3 years, costs related to hunger rose 62 percent in Florida. In 2010, the state’s hunger bill was $11.7 billion, or six times more than the $1.75 billion in budget cuts Gov. Rick Scott proposed for public schools.
Occupy Jacksonville: Video and Reports of Saturday’s Occupy Wall Street-Inspired Protest
Occupy Jacksonville at hemming Plaza Saturday drew between 200 and 300 people, including participants from Palm Coast and Flagler County. Video of the protest, updates and pictures.
Saturday’s Great Bed Race in Flagler Beach Postponed Until Dec. 3
Weather is causing the postponement of the third annual Great Bed Race, which means that there’s two more months to enter the contest, which has already drawn a record 17 beds.
Palm Coast’s First Business-to-Business Expo: How-To For Recession-Defying Entrepreneurs
Some 60 businesses and agencies turned up for the day-long business-to-business expo organized by Palm Coast’s Business Assistance Center to focus on local, small and emerging businesses.
A Shade Less Than Dire, Unemployment Holds Again at 9.1% as 103,000 Jobs Are Added
July and August figures were revised upward for a net addition of 287,000 jobs over the last three month, still far short of what the economy needs to be healthy, or to bring the unemployment rate down.
Obama’s Job Creation Record: Millions Created or Saved, Still Too Few to Overcome Crisis
While the $825 billion stimulus raised employment from at least 1 million to 3.3 million people and significantly softened the recession, subsequent cutbacks at all level of governments reversed the gains and prevented a sustained recovery.
Recoiling Over Park Fees, Little Leagues Shine a Light on Palm Coast’s Increasing Insularity
A debate over new lighting fees at Palm Coast’s athletic fields reveals a city out of touch with its community organizations and contradicting its own claims about being kid- and sports-tournament friendly.
All-Business Snub: Flagler County Can’t Fill Its Own Economic Development Council Seats
Only four people have applied for the county commission’s eight-member economic development council, an embarrassing result for the government that dissolved Enterprise Flagler, claiming it could do the job better.