jcity wrote:Why don't cities with a higher percentage of blacks and other minorities make these "hot cities" lists for growth and locating businesses.
onecity wrote:Because those cities tend to be poor(er), which means they lack the amenities creative class workers expect, and because the talent pool is smaller when there are fewer college educated people as a proportion of the population.
http://www.nytimes.com/interactive/2012 ... .html?_r=0
Put another way, we're the 18th largest metro, but the 42nd most educated. That is probably why we do not attract outside biz investment.
Nothing to do with race or education, in my opinion. Houston ranks
behind St. Louis on that NYT's
Cities with the Most College-Educated Residents list, yet Houston is booming. BOOMING. Plus, more than a quarter of its residents are African-American and even more than that are Latino and other minorities.
Then cities with high black pops such as Houston, Dallas, Atlanta and Charlotte are on
Forbes' 2014 Best Places For Business And Careers 2014 list. Rick Perry's corporate poaching, NC's governor breaking the bank to lure jobs and Atlanta growing more and more into a major global city helps to lure business and jobs.
Meanwhile in Misery............I mean Missouri.
A lot of African-Americans live in Rust Belt cities in the Midwest. Chicago, which has 1.6-million African-Americans, has a fairly sluggish to moderate economy. Rust Belt cities, including and especially St. Louis, it's safe to say, have been piss poor reinventing their economies until recently.
Notice that Houston, Dallas, Atlanta and Charlotte are in the South. The South has been kicking the Midwest's ass for the past 20 years or more when it has come to economic development and landing business. Airbus, Mercedes, Boeing, Lenovo, Honda etc. etc. etc. all have operations in the South.
Charlotte, with all of its black people, GDP has surpassed St. Louis' even though it's a smaller metro.
The issue is poor LEADERSHIP - not race.