Soon to come – for more information call Frank Howell at (662) 686-3366

Selected Article:
Delta Regional Authority stays true to mission


By Pete Johnson

“Free enterprise is the mighty horse that pulls the wagon on which all of us must ride.”
– Winston Churchill

Mr. Churchill was a keen student of history who knew all too well that his own country, Great Britain, began to flourish when free enterprise came into its own in the early 18th century. This entrepreneurial, independent spirit has been the foundation on which Britain and America were built.

It is this spirit that led to the settling and clearing of what we now know as the Mississippi Delta Region which encompasses some 240 counties and parishes in eight states. This Region has a long history of dramatic economic swings of prosperity and poverty of dependence and independence.

The Delta Regional Authority was created in December of 2000 by the Congress to “Remedy severe and chronic distress in the Region by stimulating economic development.” This is indeed a tall order. In the pursuit of this mission, President Bush believes that government’s role is to create a climate of opportunity so that free enterprise will flourish and the principles that help make this great nation the land of opportunity will prevail.

We will be successful in our efforts by:

• Establishing systems that sustain economic growth;

• Ending the fragmentation of programs and funding by coordinating and targeting various forms of assistance;

• Eliminating duplication, overlaps and gaps of service by developing comprehensive well-thought-out solutions;

• Continuing to address quality of life issues until economic independence is achieved; and

• Maintaining an ongoing strategic planning process to identify and remove the barriers and obstacles to economic development.

Our cities, towns and states will prosper only if the following basic thresholds are met in what I would term “critical mass issues”. I would submit that all of these issues must be effectively addressed and critical mass achieved if the free enterprise system is to work.

Health Care: A child who is sick can’t learn and a worker who is sick can’t work. It’s as simple as that. And, oftentimes something as simple as a toothache or the common cold can destroy their ability to compete and fracture their fragile future. Access to affordable health care must be achieved if the region is to be successful.

Education: The importance of education is undisputed. However, we have failed to recognize that a child born into poverty and not properly nourished enters our educational system at a significant disadvantage unless we intervene at a very early age. It is an undisputed fact that brain cell development in the first 18 months to three years of a child’s life can literally determine the child’s ability to compete in an ever-changing world. Additionally, lifelong learning opportunities for everyone must be continuously addressed.

Housing: A child can’t learn in a house that is hot in the summer and freezing in the winter. Nor can we expect our workers to be productive if they have to sleep in a house that is as hot as an oven or as cold as a freezer. Decent affordable housing affects productivity at all levels. It is not only a quality of life issue; it is an economic issue. The fact is that home ownership is the number one wealth builder in the U.S. and we must strive to help many of our renters become home owners if they are to ever enjoy the American dream.

Transportation: Access to health care, education, housing and markets are essential if the free enterprise system is to work. This not only includes highways, bridges and ports but also rural transportation systems.

Capital: Capital is the mother’s milk of entrepreneurship, and access to capital is oftentimes an insurmountable hurdle for many small businesses. New Markets Tax Credits recently introduced by the Treasury Department is one of many important programs which can have a dramatic impact on private sector investment in the Region.

Leadership, however, serves as the foundation on which these five critical mass issues must be built, for without effective leaders who possess the skills to develop these issues we will fall short of our mark. I am reminded of an ancient proverb that is true even today: “Without vision the people will perish.” We must move to develop leaders committed to the common goal of uplifting the people of our Region who are men and women of vision and purpose.

Government can do just so much. The rest is left up to us entrepreneurs who know and understand the free enterprise system. DBJ

(Pete Johnson is the Federal Co-Chairman of the Delta Regional Authority based in Clarksdale, MS.)


Stock Quotes
Dow (^DJI)
·Last trade: 8451.19 -
·Change: -128.00 (-1.49)

Nasdaq (^IXIC)
·Last trade: 1649.51 -
·Change: +4.39 (0.27)

S&P 500 (^GSPC)
·Last trade: 899.22 -
·Change: -10.70 (-1.18)

Get Chart: 

Symbol Lookup

 

Delta Business Journal
P.O. Box 117 • 125 South Court Street • Cleveland, MS 38732
Tel: (662) 843-2700• Fax: (662) 843-0505
© 2004, Coopwood Publishing Group, Inc.

ggg