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Tuesday, September 29, 2009

Oregon a Great State for Business, Poverty.

Posted by Sarah Mirk on Tue, Sep 29, 2009 at 1:24 PM

Two big announcements about Oregon's economic environment ironically arrived on my desk on the exact same day.

1. We squeezed into Forbes' ranking of the top 10 states to do business, thanks in part to the state's low labor costs.

2. At the same time we also made the more exclusive list of eight states where the poverty rate increased last year. According to Sightline Institute researchers, that means Oregon's low-and-middle-class have not made any economic progress since 1990.

BUT DON'T WORRY, THERE'S MORE GOOD NEWS! Contrary to our psychic superstitions, experts say Oregon will NOT be wiped out by a giant tsunami in coming days. See? That's the kind of averted natural disaster that makes the bountiful Beaver State a great place for your business.

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