Is Privatization in the Cards for Ohio?

August 29, 2010 at 6:19 am Leave a comment

The struggles of Michigan’s economic development agency can serve as a cautionary tale for the sort of business development approach proposed for Ohio by Republican gubernatorial candidate John Kasich.

Kasich recently disclosed he wants to replace the Ohio Department of Development with JobsOhio, a private nonprofit corporation that would be governed by a 12-member board of active and former CEOs reporting to the governor.

The plan is Kasich’s first major business-related policy proposal of his campaign and one with big implications for the way Ohio tries to attract and retain businesses.

Kasich, a former congressman from Westerville and ex-Lehman Brothers executive, said the state Department of Development has become “calcified by bureaucracy” and lost its effectiveness under Democrat Gov. Ted Strickland, who is seeking re-election. The JobsOhio approach, he said, would be more responsive to the needs of companies.

Read more: Michigan’s woes show limits of Kasich’s JobsOhio privatization plan – Business First of Columbus
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