5A - Identifying Local Opportunities
1. Miami's startup scene is not boosting wages. Here's what will, experts say. 1.1 https://www.miamiherald.com/news/business/article230941058.html 1.2 While recently, Miami has been developing substantially and has hosted many start-ups, this trend has not contributed to a significant rise in local economic outcomes. Between 2008 and 2017, Miami's GDP declined while most other major metropolitan cities grew by more than 3% in the same time span. The report mentioned in the article recommends that Miami should work towards building up existing businesses rather than fostering start-up businesses. 1.3 The problem is that while there has been more development in Miami in terms of actual businesses, this has not been reflected onto the local economy and as such, alternative options ought to be considered. 1.4 The people with the problem are those who live and work in Miami and likely need a pay raise. 2. Miami International Airport due billions in upgrades 2.1 https...