Article originally published in the Philadelphia Business Journal on November 23, 2015
On Nov. 19 at the Keystone Business Policy conference held at the University of Pennsylvania, I was a panelist at the session exploring ways to increase manufacturing job growth in Philadelphia. I shared some of the following thoughts with the conference attendees.
Philadelphia used to be a world leader in manufacturing. Since World War II, that dominance has diminished to the point where today, manufacturing makes up only a small portion of the region’s economy.
A CBS Philly Nov. 17 article quoted Eva Gladstein, head of the city’s Office of Community Empowerment, who said, “Philadelphia is the poorest of the nation’s 10 biggest cities.” An Oct. 22 CBS Philly article stated that “26 percent of Philadelphians live below the poverty line, which means less than $24,000 a year for a family of four. ‘In Philadelphia, it takes about $60,000 to make ends meet,’ says Kate Scully, policy director at the Center for Hunger Free Communities.”
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