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And there Monday we're headed to hot Atlanta Georgia I don't know recalls that that is currently the -- Atlanta.
It's true I'm from Atlanta and yes nobody calls like calling Massachusetts that they -- The city most famous for inventing Coca-Cola.
And housing the world's most busiest airport is now home to twelve fortune 500 company.
-- that was despite the influx of these businesses over the last few years the city's unemployment rate has jumped to eleven point 4% last month that's well above the national average.
So -- the downturn in this bustling city just one of those many signs that -- double -- lies ahead for the nation.
With us now is Kassim -- mayor of Atlanta Georgia -- -- welcome to the show.
Hello Chris how are you how do you explain that we have -- higher unemployment it's growing in Atlanta yet at the same time you have businesses that continue to.
Flocked to Atlanta because of -- of the great environment to do business there.
But I think that business is -- very cautious right now as you know businesses are holding.
Large amounts of cash and they're being the moving in a -- fashion because of the recent experience with the economy.
So I think -- that is impacting the fact that we're having.
Businesses do well but they've yet to start on making the hiring decisions.
That will shrink the unemployment rate.
So make out what -- -- man like you do when you've got an entire city that's depending on good decisions from the government there and and how do you make -- so that you don't see further erosion.
We've got a lot of unemployment rate their eleven point 4% so it's well above the national average there.
-- think what we do is we do a number of things first and focus on getting the basics right.
We focus on public safety the one thing that we can have right now is a city that has a spike in crime so we've invested.
And added a hundred more police officers to make sure why we go through these tough times that the city stays stable.
Because business is go where they are safe.
So -- making sure we do that.
The other thing that we do is that we make solid.
Investments that are good for the long term health of the city of Atlanta had invested right now and one point four billion dollars.
To bill about the international term and heart so Jackson airport.
It has a forty billion dollar economic impact on the region so we're making those investments right now.
It's generating up thousands of jobs at the airport right now so we've got to do.
Everything that we can responsibly do an -- the same time -- got to make sure that we don't grow and expand the size of government.
So with the recent -- and eleven budget that we passed we did not increase taxes.
We invested in police officers.
We gave police raises but we didn't increase the tax burden on our citizens so you have to keep a fertile environment for business.
May read is they're growing divide between blue collar jobs available in Milan and white collar jobs I noticed that in 2007 business 2.0 label -- land as.
A hot job market for college educated kids.
You know when you were 25 year old I was a part of that a few years ago listen I certainly know it that it went as the hub in the south.
For college graduates but are you see -- at the bottom.
I know I think that we've made the decision that we're gonna get through this together I mean I spent.
Two hours before coming over here just briefing.
The leading business -- -- of the city -- where I think.
The city's going -- they were sharing information -- as you know tourism and convention is the number one business for the city of Atlanta.
That's taken a hit that as a result of the economy but we're pushing through it.
We're making important infrastructure investments right now.
And I think this is something that we've decided that we're all gonna get through together believe you me Atlantic car.
Not just be just fine that's going to thrive and do well as it is always done.
Can you give him a -- an objective assessment pair of the stimulus and how it -- your state and how it -- your city did you get enough stimulus money how did you put it to work because there's so many questions about whether.
And didn't really create a meaningful numbers of jobs.
Well I think the stimulus was more helpful -- of the state then it was for the city of Atlanta in all honesty.
But we have benefited from this thing in this just.
Two weeks ago we had the commissioner.
For the AF FAA commissioner Babbitt investing more than eight million dollars out at Hartsfield Jackson.
Our airport for much needed improvement.
But I do believe that states benefited.
More than cities did the city's certainly benefited as well.
Merits look at to feel like you're fighting the good fight -- or fingers are crossed for you out there in Atlanta thank.
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