Latest / Newsradio WGAN / Eggs & Issues 5/14
Transcript
- 0:18And it is of course eggs and issues day last one of the
- 0:20season at the Hannaford Hall at USM, which is where I was to
- 0:24start the day. Technical difficulties have
- 0:26caused me to come back to the home base and here I am in the
- 0:29South Portland studio. But we do want to say a quick
- 0:31thank you to our sponsors, Moody's Collision and M&R
- 0:34Holdings for sponsoring our participation in Eggs and
- 0:37issues. And as it is 7:00, this is the
- 0:39time when we get an opportunity to talk to the folks that are
- 0:41going to be at the chamber meeting today.
- 0:43And Patrick Woodcock from The Maine State Chamber and Yellow
- 0:46Light Breen from The Maine Development Foundation are now
- 0:48with me, sadly by phone, but hey, they're still with me and
- 0:51that's a good thing. So, Patrick, Yellow Light Breen,
- 0:54how are you this morning? Great.
- 0:56Good to be with you. Great to be with you.
- 0:58You're with us in spirit, Matt. Indeed, I am.
- 1:00Indeed I am. So let me first of course and
- 1:03you know introduce the topic today which is from Augusta to
- 1:05action that legislative outcomes and business impact.
- 1:09I know that we are, you know featuring both of you as
- 1:12speakers today as well as Heather Johnson.
- 1:14So it's going to be kind of a collective effort here to try to
- 1:17answer the question of what happened in the legislative
- 1:19session, what is the impact on business, what's the main
- 1:22economy look like now, etcetera. Patrick, let me begin with you
- 1:25and then and then I'll talk to into yellow light Breen in just
- 1:28a minute. But Patrick, what was your
- 1:31general thought on on what you saw in the legislative session?
- 1:36Well, first of all, I'd, I'd say that Maine has an historic
- 1:40opportunity. We really came out of the
- 1:42pandemic, exceeded national GDP growth in the state, exceeded
- 1:48median population growth the top 10 States and we are quickly
- 1:53regressing to our historic performance as an economy.
- 1:59And I really saw this legislative session as a lost
- 2:02opportunity. We need a a breakthrough with
- 2:04our regulatory construct for housing production.
- 2:08We need to address our affordability issues with energy
- 2:12and our supplemental budget. We've discussed previously, you
- 2:16know, with a income tax increase.
- 2:18I really thought it was a step backwards.
- 2:21However, I think with a review of what the business community
- 2:26is saying is they want to invest in Maine, that was real
- 2:29reflection. So I do think we need to have a
- 2:31vision for data informed of what really should be an economic
- 2:36plan for the state. That's Patrick Woodcock from
- 2:39Maine State Chamber, Yellow Light Breen, also with us from
- 2:42The Maine Development Foundation.
- 2:43One of the other speakers at today's event, the same question
- 2:46really directed in in in this way right now asking about what
- 2:51the economy is looking like now in the wake of this.
- 2:54I mean, do you share Patrick's opinion is this, do you have a
- 2:57different perspective on this? What are your thoughts?
- 3:00Yeah, I think we share the perspective that we had a really
- 3:03strong recovery from the pandemic, stronger than most
- 3:06states for several years. But now the question is can we
- 3:09keep it going and double down on that growth rather than kind of
- 3:12fall backwards. And that's going to take, you
- 3:15know, a thoughtful long term plan with targeted investments
- 3:19in areas like education, workforce areas like energy and
- 3:23housing, infrastructure areas like research and development,
- 3:26while we also try to streamline and remove the barriers that are
- 3:30keeping businesses and workers from realizing their
- 3:33opportunities. So as you both look at how the
- 3:36legislative sessions have gone, actually, not just in this last
- 3:38one, but in the last several years here, if you were to, you
- 3:42know, snap your fingers and say, all right, look, this is the
- 3:44path forward. This is what we should be doing
- 3:46in the next legislative session. You know, what are the maybe 2
- 3:49or big things that should be done or be or be tackled, you
- 3:53know, to, to try to fix and reorient the main economy in the
- 3:57direction that you'd like to see it.
- 3:58Patrick. Well, first of all, I think
- 4:00there's a template out there. There's a lot of red state, blue
- 4:02states that have said we have got to speed up our regulatory
- 4:05approval process. Maine is not the template that a
- 4:08lot of states look to. It's bogged down in bureaucracy.
- 4:12We need permits by rule, not 12 months of delay getting an
- 4:16approval if we want to have an economy and investment in the
- 4:19state. Furthermore, you know, we really
- 4:22have to have not just nibbling on the edges with housing, we
- 4:25need to have a breakthrough. We really need to start saying
- 4:27yes to housing both at the state level and at the municipal
- 4:31level. And you know, NIMBA is really
- 4:34prevails in Maine and we really have to start saying, you know,
- 4:38we're going to lose a whole generation if we start seeing
- 4:40these housing prices persist. Lastly, you know, I, I, I do
- 4:45think we need to focus on, we've got a huge state budget now, but
- 4:49relatively, we are not investing in research and development,
- 4:52innovation, the aspects that grow an economy after 10/15/20
- 4:58years. So really creating those seeds
- 5:00of, you know, trading those entrepreneurs that will be that
- 5:03next IDEXX, that next wax that really creates an enormous
- 5:07dividend for our state's economy.
- 5:10Before I go back to yellow light to ask a sort of similar
- 5:13question, Patrick, you mentioned nimbism.
- 5:15You know, that is something that, you know, having lived in
- 5:18the state as long as I have is just like part of the psychology
- 5:22of living here it seems particularly in certain areas of
- 5:24the state too. It's you know, kind of an anti
- 5:27development sentiment. It's a maybe not in my backyard
- 5:30because I don't want things to change.
- 5:31I like things how they are right now kind of kind of sentiment.
- 5:35How do you culturally breakthrough that in New England
- 5:39and specifically Maine, when it's so much a part of how
- 5:42everyone around here thinks? You know, I, I think it comes
- 5:46down to do we want another generation of Mainers?
- 5:49It's as simple as that. You know, I look at these
- 5:51prices, I understand why people in their 20s and 30s are cynical
- 5:56about this economy. They cannot afford to live here
- 5:59and they're going to migrate South.
- 6:01So it's not about protecting a community, it's about protecting
- 6:04another generation. You know the headline today in
- 6:07the Portland Press Herald getting pushed back on
- 6:10development on Congress St. on the peninsula.
- 6:12You know that if you're going to start with where we should have
- 6:15development, it is Congress St. in Portland on the peninsula.
- 6:19You know, we have to start saying yes to these projects.
- 6:22It's not about that housing project.
- 6:25It is about another generation of Mainers who can can have an A
- 6:31real outlook in and opportunity in this state.
- 6:37We're speaking with Patrick Woodcock and Yellow Light Breen
- 6:40on the 2 speakers today at Eggs and Issues.
- 6:42Going back to Yellow Light, I'd love to talk to you a little bit
- 6:44about what you see in the future of Maine's economy here.
- 6:47Here's a fun question for you and and maybe a little bit of a
- 6:49different spin on what I asked Patrick.
- 6:51How much of your optimism or maybe what you think the
- 6:56direction of Maine's economy in the next two to five or maybe
- 6:59even 10 years is tied to political outcomes?
- 7:03Because obviously you've had, you know, a regime in charge in
- 7:07in Augusta for some time. Here you have another, you know,
- 7:09political party that's trying to recapture control after being on
- 7:13the outside for a while. And, you know, the political
- 7:15bickering in in spectacle is, is, is a pretty significant
- 7:18issue. But if one or the other ends up
- 7:22capturing things, are things materially different to you?
- 7:24Do you think that you could forge a path forward regardless
- 7:28of outcome? I mean, how?
- 7:29How optimistic are you? Well, that's exactly what we're
- 7:32trying to do here is say, you know, we're too small of a
- 7:35state, the issues are too big. We need to take a long term
- 7:40strategic, interconnected approach to these issues.
- 7:43And that means persistence. We're not going to solve it
- 7:46overnight. So what we're trying to do is
- 7:48use data and insights from the business community and people on
- 7:52the front lines in our communities to say here's a
- 7:55broad direction that should transcend what party you're in.
- 7:58We're not going to take politics out of politics.
- 8:00We're not naive. There will be different points
- 8:02of emphasis that any given governor or legislature will put
- 8:06on, you know, this kind of strategy.
- 8:08But persistence is everything when we're tackling these big
- 8:12long haul issues so that we're not just constantly reacting to
- 8:15short term crisis. So that's our whole hope is that
- 8:17if we lay something out, people might seize on different pieces
- 8:20of it, you know, more strongly depending on where they start
- 8:23from and what their expertise is.
- 8:25But we've got to tackle it all in a long term, interconnected
- 8:28way. Do you both, and this is a
- 8:30question for both of you, I suppose you can answer in any
- 8:32order you want to, But do you both believe that the lawmakers
- 8:36in Maine who are in positions to do much about this recognize the
- 8:40same problem you do? I mean, you know, is their
- 8:42opinion about The Maine economy, you know, maybe not being a
- 8:46model, as Patrick said, and perhaps not being, you know,
- 8:50pursuing the right, you know, path forward?
- 8:53Do you think that they agree with that?
- 8:55And if they don't, how is that change?
- 8:57How can that change? I mean, I'll, I'll start.
- 9:00We wouldn't be doing this project if we didn't think that
- 9:03there was an opportunity for a bipartisan effort to change the
- 9:07state's trajectory economically. I think these issues, when I
- 9:10talk to Republicans and rural districts, Democrats and, and
- 9:14more suburban and urban districts, I was saying is
- 9:19something they all talk about, you know, investments and
- 9:22innovation is something they all talk about.
- 9:24It really is creating a a coalition that, you know, as
- 9:30Yellow described, that is that is beyond the politics of the
- 9:35moment, that really has a vision that we all have to agree on a
- 9:38strong economy that that is that is what all the main people
- 9:42want. They they want to see
- 9:44opportunity for the next generation.
- 9:46They want to see affordability addressed.
- 9:48They want to see investments in workforce.
- 9:51And let's not get distracted. You know, let's, let's really
- 9:53focus on a plan for our state's economy, regardless of the
- 9:57makeup of the Legislature and the next governor.
- 10:00Yeah, and I think the key is we try to balance exactly in this
- 10:04plan the needs of workers and the needs of employers and
- 10:08investors. And you know, part of public
- 10:11policy making is empathy, putting yourself in the shoes of
- 10:14people that have a different experience than you.
- 10:17If you've never been on food stamps, you may maybe you don't
- 10:19know that what that's like. If you've never been homeless,
- 10:21you don't know what that's like. If you've never made a huge 20
- 10:25year investment decision, you don't know what that's like.
- 10:28So, you know, what we need, we need to ask policy makers to do
- 10:31is step outside what they know and be active learners about
- 10:35what it's like to make these decisions that will move the
- 10:38economy forward. All right.
- 10:39Well, I appreciate you both spending some time with me here
- 10:41on the phone. I know how difficult that is in
- 10:42the midst of all the fun stuff going on at exit issues.
- 10:44So you guys should get back to it.
- 10:45I know you got a panel to do, so good luck inside.
- 10:48Of course, everybody there will be paying attention and I can't
- 10:50wait to hear how it went. Thanks a lot guys, and we'll
- 10:52talk again very soon.