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Ohio’s economic development plan "The Ohio Third Frontier" is a model for other states.

Citizens and leaders need to think bigger about job creation in the Innovation Economy, as the leaders in the Buckeye State have done.

Sparked by the success of a referendum in Ohio earlier this month to enlarge bonding for economic development by $700 million, there is a growing interest in a similar initiative in Wisconsin.

By a solid margin of 62%-38%, voters in Ohio authorized the four-year expansion. The plan builds on the creation in 2002 of a $1.4 billion bonding program to promote innovation and long-term growth.

Ohio’s economy, which has lost 635,000 jobs since 2000, is just as challenged as Wisconsin’s, and voters there bit the bullet and supported a large-scale initiative called the Ohio Third Frontier http://www.development.ohio.gov/ohiothirdfrontier/ . The commitment of more than $2 billion for economic development in that state dwarfs all job-creation initiatives in Wisconsin.

Full Story: http://www.jsonline.com/business/94635819.html

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