Tasked with spurring growth, economic development agencies are both the cheerleaders and the gamblers, rooting for their local communities while putting money where their mouths are. Mass High Tech has amassed a sortable list of 16 economic development agencies in New England, ranked by operating budget.
Medical Device Clusters Continue to Crop Up
Make roon: The medical device industry might be getting a lot more crowded. An article featured in USA Today discussed a growing trend in areas that have been economically heard hit to cultivate industry clusters to rejuvenate manufacturing and create jobs. And it’s no surprise that the medical device and biotechnology industries are among the most desirable.
What Happens When It’s Google/Android Vs. Amazon/Android?
Source: TechCrunch
(…) In an interview with Consumer Reports, Amazon CEO Jeff Bezos said two words when asked about a new Amazon tablet that set the Internet on fire: “stay tuned.” The following day, the site Android and Me published another tip coming from “an industry insider with direct knowledge” who says that Amazon is not only gearing up to launch one Android device, but an “entire family” of them. And those devices would come in time for this holiday season.
More
What Drives the US Deficit?
The U.S. will likely owe $10.4 trillion this year, its largest debt relative to the economy since 1950. However, the Congressional Budget Office (CBO) projected in 2001 that the federal government would erase its debt in 2006 and be $2.3 trillion in the black by 2011 – a $12.7 trillion difference from today’s reality.
This fact sheet highlights the extent to which major legislation enacted over the last decade and other factors have contributed to the Great Debt Shift – the difference between CBO’s 2001 projections and actual debt today.
Click below to see larger image, or see page 4 in the Great Debt Shift (PDF).
Source: Pew Fiscal Analysis Initiative, Pew Charitable Trusts
Original post