Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

In The Heartland, New Middle Ground



Just as powerful centrifugal forces rip through the Republican and Democratic parties, a bipartisan consensus is being built in the heartland of America. Mayors and governors of both parties are quickly moving toward a centrist economic and political program that calls for entrepreneurial-minded governments to actively help companies grow. The aggressively probusiness public-private partnership of the 1990s is the antithesis of the high-tax, heavy-regulation policies of the 1980s (page 116).

Building on the region's famous "can do" pragmatism, Midwestern states are in the forefront of worker-training programs, setting up manufacturing extension services, promoting exports, and actively soliciting investments from abroad. Many of the Clinton Administration's new economic initiatives are already in place in Midwest states.

Vice-President Al Gore's "reinventing government" initiative, for example, is well along in Indianapolis, where Mayor Stephen Goldsmith has let out to bid public services ranging from garbage collection to pothole filling. Deere & Co. is using $1.4 million worth of Illinois state grants to train suppliers in methods that will improve quality. And, through special legislation, Iowa has made Des Moines a global insurance mecca, home to 200 insurance companies employing 21,000 people.

The rebounding of the American Midwest is a reminder of how productive a partnership can be between efficient government and dynamic business. With the center having a difficult time holding within the Republican and Democratic parties, the bipartisan consensus being built in the heartland points the way to a practical and promising future.

blog comments powered by Disqus