Wednesday, April 24, 2024 Apr 24, 2024
66° F Dallas, TX
Advertisement
Business

Mayor Rawlings Tells Bloomberg Oil’s Drop Doesn’t Worry Dallas, But Poverty Rate Does

Also, what he thought of the State of the Union speech.
|
Image

[d-embed][/d-embed]

 

Yesterday Mayor Mike Rawlings sat for an interview with Bloomberg. He described himself as a “middle-of-the-road” leader in terms of where he falls on the left-right political spectrum and boasted (as it’s one of his chief duties to do) about the “very good” state of the Dallas economy.

He was careful to draw a distinction between the Dallas-Fort Worth metropolitan area and the city itself, underlining that each of the positive indicators he was citing was related to what’s happening strictly within the municipal boundaries. Apparently he’s heard the complaints about his office’s past conflation of the two.

Rawlings explained that, unlike much of the rest of Texas, Dallas’ more diversified economy protects it somewhat from the precipitous drop in oil prices. It’s the city’s unenviable spot on the list of big cities with high childhood poverty rates and poor economic mobility that concerns him more.

Related Articles

Image
Business

Wellness Brand Neora’s Victory May Not Be Good News for Other Multilevel Marketers. Here’s Why

The ruling was the first victory for the multilevel marketing industry against the FTC since the 1970s, but may spell trouble for other direct sales companies.
Image
Business

Gensler’s Deeg Snyder Was a Mischievous Mascot for Mississippi State

The co-managing director’s personality and zest for fun were unleashed wearing the Bulldog costume.
Image
Local News

A Voter’s Guide to the 2024 Bond Package

From street repairs to new parks and libraries, housing, and public safety, here's what you need to know before voting in this year's $1.25 billion bond election.
Advertisement