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The Coastal Packet

The longtime national journal, Progressive Review, has moved its headquarters from Washington DC to Freeport, Maine, where its editor, Sam Smith, has long ties. This is a local edition dealing with Maine news and progressive politics.

1/23/10

DOWN EAST NOTES

Green Independent Party gubernatorial candidate Lynne Williams called for to create an economic climate based on sustainability. Currently, Williams said, neither the state's budget process, its economic development efforts or its tax structure reflect a sustainable model. "Farmers understand this concept," Williams said, "and they budget based on multi-year averages of their yields. That way, they can often ride out bad years and use strong years to build up a surplus - a surplus they use only when yearly revenue falls below the average. Municipal governments often work the same way"

Maine Biz - Portland has moved up five places in an annual Portfolio ranking of the best places for small business. The annual small business vitality assessment in 2009 ranked Portland No. 10 in the country, but this year the city moved up to No. 5 in a field of 100 metro areas. The ranking is based on population, employment and small business growth, for businesses with fewer than 99 employees, according to the Conde Nast website. Portland took the No. 5 spot based on its number of small businesses in 2007 (17,747); change in private sector employment between 2004 and 2009 (-2%); 2008 population (514,065); small businesses per 1,000 people in 2007 (34.64); and change in population between 2003 and 2008 (1.61%).

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