Thanks to a number of incentives, including what is currently a much more favorable business climate, Omnicare – a Fortune 400 company – recently announced it was pulling up stakes in Northern Kentucky and moving across the river to Ohio.
That sort of thing happens when states like Kentucky allow excessive influence from government employees in the state’s legislative affairs. Inevitably, policies that shun business lead to business shunning the state. The state’s economy suffers accordingly.
However, Ohio may be poised to do Kentucky a huge favor. There is a ballot item up there that will level the competition-for-business playing field again, though in the wrong direction.
This ballot item will repeal Senate Bill 5, an important law reducing the excessive influence of public employee unions in Ohio’s state affairs. Repealing this law would once again subject the Buckeye state to the powerful, parochial and business- and economy-adverse activities of its public employee unions.
Well, I live in Kentucky. We are still smarting from losing a really major business to Ohio’s currently better business climate.
So, bring it on, Ohio voters! Kentucky will probably benefit from your blunder if you re-hobble yourselves to business-adverse policies again.
Before you Ohioans are done, maybe we could even get Omnicare back!