Home / Featured News / Scotland County Mired in Depression (Part 1)

Scotland County Mired in Depression (Part 1)

department-commerce-2016-tier-designations

Scotland is the most economically distressed county in North Carolina. That’s not exactly breaking news.

We wholeheartedly agree with sentiments expressed by State Senator Tom McInnes, who stated: “The way it is right now, we can’t make anybody locate a plant in Scotland County if they don’t want to come here. We’ve got to give them a reason to come here. We’re going to have to work in a different way than we’ve been working…”

Despite longstanding and ongoing attempts by County gurus to bring in new industry, the fact is Scotland County will never again be a manufacturing magnet. Mexico’s new and highly automated state of the art plants pay wages of $2 per hour and No benefits. Even Chinese wages are higher, causing factories there to now relocate to cheaper venues like Vietnam in order to compete. Despite often repeated prognostications, even ‘The Donald’ won’t be able to reverse this trend.

As Senator McInnis continued: “… we’re going to have to work together… to offer 21st century curricula for the jobs that we have available and not the jobs that we wish we had.

America was founded upon the concept of a largely self regulating and self righting Free Market Economy. This was by no means perfect, but a great, prosperous and self governing republic was built upon its foundation. We became ‘The Shining Light on the Hill’ that others looked up to and sought to emulate. Unfortunately, that was a long time ago.

There can be no doubt that Scotland County was destined to experience difficult times when mills and manufacturing began fleeing, first to Mexico and then China, but according to Free Market dogma, things would have eventually righted themselves had market forces been allowed to play out.

That didn’t happen, and today, decades later, despite massive state and federal grant programs and tax incentives being thrown at the problem, Scotland County remains mired in a Deep Depression. Worse yet, subtract state and federal welfare programs, along with generous USDA subsidies, supports, loans and grants, and Scotland County’s economy would completely implode.

The reasons the Revival never took hold here are easily identified, straight forward, and well understood… not complicated at all. The question is: Are we going do anything about it or do we intend to mire in this pig slop until there is absolutely nothing left?

End of Part 1. Stay tuned for Part 2

 

Source:

Laurinburg Exchange

 

You reach Carolina Crossroads News at (888) 472-7555 or send us an email.
 
Related Articles:
City Council Should be Open, Honest, Transparent
Who’s Spying on You?
 

 

We’d love to hear your questions or comments below. Thank you.

 

* * * * *

Fair Use Notice: This website post may contain copyrighted material. Such material is made available for news reporting, educational and other limited purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in title 17 U.S.C. Section 107 of the US Copyright Law.

CarolinaCrossroads.News (‘CCN’) has no control over and does not endorse any external Internet site that contains links to or references CCN.

 

About Carolina Crossroads News

Locally Owned and Operated. Serving Friends, Neighbors, Business and Community. Here's the best part - Price: Free