One factor is that the Cleveland casino, which is doing very well, was projected to be much bigger. There will be a phase II, however, so that could definitely help the numbers.
Brent Larkin asks the tough questions in the wake of Josh Mandel’s loss to Sherrod Brown despite million of outside campaign money spent on his behalf.
In 40 years of paying attention to these things, I have never seen a candidate as universally vilified in the mainstream media. By constantly running afoul of campaign fact-checkers, Mandel did immeasurable harm to his image.
Mandel inability to answer simple questions was epic.
The Mitt Romney campaign is arguing that they will win Ohio despite the polls, but it’s hard to believe them given the desperate Jeep ads Romney has been running. The Toledo Blade is one of many news organizations slamming the ads, and they offered up a scathing editorial.
In the final few days of the presidential contest, Mitt Romney evidently recognizes that his opposition to the federal rescue of General Motors and Chrysler is costing him voter support he needs in Ohio and Michigan. So the Republican nominee is conducting an exercise in deception about auto-industry issues that is remarkable even by the standards of his campaign.
At an appearance last week in Defiance, Mr. Romney announced that “Jeep, now owned by the Italians, is thinking of moving all production to China.” That assertion was based on an ambiguously worded news report.
Chrysler, which owns Jeep and in which the Italian automaker Fiat has a majority stake, quickly denied the report. A company spokesman said Mr. Romney’s rhetorical leap “would be difficult even for professional circus acrobats.” But the Romney campaign launched an ad in Ohio that claimed that President Obama, who presided over the auto bailout, “sold Chrysler to Italians who are going to build Jeeps in China.”
Chrysler CEO Sergio Marchionne removed all doubt about his company’s intentions this week in an email to employees: “Jeep production will not be moved from the United States to China,” he said. “Jeep assembly lines will remain in operation in the United States and will constitute the backbone of the brand. It is inaccurate to suggest anything different.”
The ads seem to be backfiring. Voters in Ohio aren’t stupid. They follow the auto industry and they know a lie when they hear one.
The presidential race is super close. Mitt Romney was gaining, but then President Obama had two very good debates performances. The clip above from the foreign policy debate got a ton of play as Obama hit Romney hard for his silly comments about the size of the Navy.
Of course, Ohio is the ultimate swing state again, and Obama is holding on to a small but stable lead. If that happens, there’s almost no way Romney can win.
The economy is doing much better in Ohio as compared to the rest of the nation, as unemployment is substantially lower at 7%. This is the result of many factors, but the success of the auto bailout is definitely one of the reasons, and that is helping President Obama’s campaign in this important state. But another important factor has to do with fracking, as natural gas drilling is booming in Ohio, and that’s driving a ton of economic activity in industries like steel.
This economic activity and the resurgence of manufacturing is also creating opportunities for entrepreneurs, as more jobs lead to a great need for more services. So all sorts of small businesses can thrive if the manufacturing and fracking boom continues. Bars, restaurants, suppliers, drycleaners – the possibilities are endless. There are many factors, however, to consider. Think about location, as not every part of the state is thriving. There are opportunities in older areas of course, but the approach is much different in those areas. In thriving areas you’ll pay more for rent, but in a growing community this is worth it if you have the startup capital. Also, make sure you have an intelligent marketing strategy. Should you be using social media? Should you be printing your marketing materials, and should you be browsing options like brochure printing to save money? Are TV and radio an option? Many entrepreneurs don’t think through their marketing budgets in advance, so don’t make that mistake.
The key is that these are exciting times in Ohio. Hopefully the trends continue.