BPF consistently aims at encouraging Mississippi's State Government to perform their vital, core responsibilities. BPF is focused on ways to ensure the state government provides these responsibilities in an effective and cost efficient manner in our cities, where new economic ideas are born.
As the book’s subtitle suggests, the economic hyper focus on innovation has been to the detriment of maintaining the trillions of dollars of investment across the country in buildings, equipment and infrastructure.
The shuttering of the economy has done very real economic damage to the state’s economy and to state and municipal revenue streams. The longer it stays in place the harder it will be for governments at all levels to make ends meet and deliver the services citizens have grown to expect. Tax streams from sales, property and income are predictable in normal times but none of those models include nation-wide lockdowns.
Much is unknown about the future of the U.S. economy, but any plan for recovery must start with an honest, yet visionary, assessment of the assets on which a local or state economy could be built. This is the right approach under any circumstances, but recovering from an almost-total shutdown of the world economy offers both the challenge and the opportunity to do it right as we begin the long road to recovery from the COVID-19-related economic crisis.
In only 45 days America has gone from the premier model for capitalism to the best museum for capitalism. The exhibits are everywhere for everyone to see — vacant malls, empty restaurants and bars, shuttered plants, closed campuses and schools, barely used airports, empty canyons of avenues and skyscrapers in cosmopolitan cities.
Mississippi suffered its fourth population decline over the past five years in 2019. In the face of Mississippi’s continuing population decline, what can we do to break the cycle?
During this campaign, candidates on both sides of the aisle will talk about how they can help create jobs and how they can help develop the state’s workforce. Too often this is code for large-scale economic incentives to big businesses in order to lure them to relocate or expand in Mississippi. The pitfall to these incentives is that it creates a race to the bottom among states and municipalities as policymakers compete to offer the most lucrative incentive package.