Friday, January 25, 2019

Four Opportunities (Regulatory and Economic)


1. Economic Trend- Georgia Poultry Lab needs $4 million to fix design flaws, ag commissioner says

This story, taken from the Gainesville Times (in Georgia), goes into the issue of a poultry processing lab who has been condemned for containing high volumes of diseases such as the avian flu in their lab, and will need to pay an estimated $4 million to the government to right these wrongs and repair their lab. I think an opportunity exists here because this is only one of many food processing plants that needs to be reprimanded for not carrying out the quality services that they may advertise on their food products. It is a large economic issue when these plants must make millions in reparations to the department of agriculture and FDA to get their labs up to standard. As a selective vegetarian, this spoke to me because it is severely disgusting and I would hate to know that the poultry I’d be eating would be coming from such a bacteria infested plant such as this one in Georgia. 

https://www.gainesvilletimes.com/news/georgia-poultry-lab-needs-4-million-fix-design-flaws-ag-commissioner-says/

2. Regulatory Trend- City ends prison labor contracts

This article from the Gainesville Sun talks about the city’s efforts to end prison labor. I saw this as an opportunity because the city now must come up with around $50,000 per month for labor wages that hadn’t been budgeted for. The work is expected to cost the city about $654,000 in the future. This puts a large strain on the city as it must now reevaluate its budgeting for this fiscal year. Additionally, they must decide between creating permanent jobs or using contract labor to get the jobs that the department of corrections used to aid us in.


3. Regulatory Trend- SF students shut out due to shutdown

This article, also from the Gainesville Sun, discusses the issue with many Santa Fe students not being able to enroll at the college due to the inability to obtain tax documents for proof of needing financial aid amidst the government shutdown. Many students need to show certain tax documents to receive federally funded aid, and cannot in the important time of enrolling in the college for this semester. This is a big regulatory opportunity as their success in receiving an important education is now reliant on a regulation imposed by the president. The waves of people that it is affecting are stretching wider and wider as the shutdown nears going on one month.



4. Economic Trend- The Latest: Shutdown should have minimal impact on economy

This article, also from the Gainesville Sun, talks about congress working against the president to reopen government functions after a record 35-day long shutdown. They discuss that the president has agreed to fund the government for three weeks through mid-February. This is a big economic opportunity because, as stated in my previous article summations, the government shutdown has indeed affected so many aspects of our country’s prosperity, and though economists argue it may have only minimal impact, I think we will be seeing the negative reverbs of this shutdown for many months to come.



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