Tuesday, December 13, 2011

Financial Times hearts Pittsburgh

Financial Times is all over Pittsburgh with an article and multimedia coverage of, for lack of a better term, the Pittsburgh Story.  The text is in: 'Steel City' Discovers a Softer Side.

FT is behind a paywall, if that link does not work, use the Google News trick and plug the title into the search engine and you should be able to read it.  It has an interesting play on past and present if you take the time to read it. 

Note they also have a multimedia treatment you will get to if you scoll to the bottom of that article.  Some picture, but also a new  video segment.  All quite positive.  We really do have friends over the pond. Remember past articles: "No longer 'hell with the lid off'", or "A Pattern Emerges" or even "Obama's exemplar: from depressed steel town to diversified economy".   and not to forget the full FT G-20 special, which may have been sponsored a bit if I recall correctly. Also the look at Lawrenceville: Diamond in the Rust.

But on the current article.. How much can I clip under fair use?  I just find this middle section rather fascinating on a lot of levels:
“Folks from Cleveland have come to Pittsburgh. People from Lexington, Kentucky, have come,’’ Mr Ravenstahl says. “They ask the same question: how did you do it? Well, this didn’t happen overnight. This was strategic and this took time.”
and then in a following paragraph:
Enter Tom Murphy, the son of a steelworker who ran for mayor in 1993 and promised to create jobs and end city centre blight. Union pickets turned out to jeer “Mr Technology’’ for ignoring the empty mills.

I suspect LR and TM have met more in print than in person at this point.


Anonymous Anonymous said...

Good for Ravenstahl ... admitting that he isn't solely responsible for the city's success.

Oh, and uh ... Tom Murphy Bridge!

Tuesday, December 13, 2011 8:58:00 AM  
Anonymous MH said...

The Tom Murphy Pension Funding Gap bridge.

Tuesday, December 13, 2011 9:20:00 AM  
Anonymous Anonymous said...

Lots of love for Pittsburgh in that article. However, I was struck by this paragragh:

"The city still has its share of challenges: its bugdet is reviewed by a state oversight board following a brush with bankruptcy in 2003. Public transportation was scaled back and the school system faces stark teacher cuts."

It's almost an aside. But those are pretty significant challenges.

Tuesday, December 13, 2011 9:58:00 AM  
Anonymous Anonymous said...

The Tom Murphy Pension Funding Gap Bridge Loan, you mean.

Tuesday, December 13, 2011 12:10:00 PM  
Blogger John Morris said...

FT used the same logic that creates our "falling unemployment rate". (just have everyone stop looking for work)

The video ignored the population shrinkage which is overwhelmingly the largest single factor going on. The regional population shrank to fit a smaller job base-or at least good job base.

Yes, there are signs of the start of healthier and more balanced growth.

Also, the claim that Pittsburgh is a model for many other cities is absurd. How many small cities have 25 colleges, (including several tier in the region)The real question is why we have done relatively little with such a massive advantage.

Wednesday, December 14, 2011 1:41:00 PM  

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