Follow us:

Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

December 6, 2013 at 10:35 AM

Vote: Where will the 777X go?

One of the most interesting things I learned in Dominic Gates’ story today in the Seattle Times is that the most number of jobs Boeing is promising prospective 777X sites is about 8,500 direct jobs.

Also, the factories for the new airliner and its advanced wing will require an investment of $10 billion (assuming, I assume, they don’t use Everett, where many facilities and much infrastructure already exists). And from the states that want this prize, Boeing wants…a lot to lower its costs.

Machinists here refused the company’s hurry-up-and-say-yes proposal. Yet Washington has approved $8.7 billion in tax breaks. Would Boeing come back with another offer for the union, or is it done — even though the Puget Sound region offers the best place to build the plane?

My question for you: Based on the information we have now…

Read on for some of the best business stories of the week and the Econ Haiku.

This Week’s Links:

November jobs report: Labor-force participation still a problem | Jared Bernstein

The social science behind Obama’s economic-mobility speech | The Atlantic

Amazon, Applebee’s and Google’s job-crushing drones and robot armies | Salon

More welfare for Wall Street: One in three bank tellers needs public assistance | Bill Moyers

Another batch of Wall Street villains freed on a technicality | Matt Taibbi

Ultra-low interest rates: Who wins, who loses? | Tim Taylor

The aging of Americans’ things | Reuters

Large companies prepared to pay the price on carbon | NY Times

Do lower corporate tax rates create jobs? A new study says no | Naked Capitalism

Today’s Econ Haiku:

Supersize that wage?

Right now it’s just a kid’s meal

Middle class gets fried

Comments | More in Aerospace/Boeing | Topics: 777X

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►