Tourism is part of the equation. It was wise of Newport to go in this direction after the Navy left in the 70's. Good for Bristol for their vision and success with their waterfront and downtown area. Props to the Bristol Merchants Association and others.
There is a relatively new book with some interesting thoughts. Local Dollars, Local Sense by Michael Shuman. He talks about re-localization. What you are seeing in Bristol is very close to this.
Big economies and large economic areas may be winding down. Like the Saturn plant in Tennessee.
And to get manufacturing back into this country, it will take a lot of discussion and setting egos and history on the side and lots of concessions on behalf of both unions and management to bring jobs back to this country. But first, their needs to be a demand to support the manufacturing.
Kudos to Gina Raimondo for a five point plan. And Buddy Cianci on the radio today had a chat with Professor Lardaro about current members of the General Assembly and current candidates have reached out to him and others.
Good starting efforts. Let's see them through.
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