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October 6, 2025 5 mins

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Speaker 1 (00:00):
So we always hear how great Indiana is for business,
but a friend of our show says that we may
not be as great as we are led to believe.

Speaker 2 (00:12):
Yeah, Nikki Kelly from the Indiana Capitol Chronicle put out
an opinion piece and it says, is Indiana's business climate
losing traction and in twenty twenty five, Indiana drop from
fifth to twelfth place in area development.

Speaker 1 (00:30):
Now, Nick, you'll be with us on Thursday, so we'll
get into this with her a little bit more. But
what's fascinating to me is so this article talks about
these different mayors and they're talking about encounters that they
have and these developers they work with. I don't think
being a good state for economic development. I don't like
I don't think just simply giving something to someone makes

(00:52):
you a good state, because you're taking it from someone else.

Speaker 2 (00:55):
Right, So it's not a flex really, and.

Speaker 1 (00:57):
So much of what we've done in and the idc
Audit has proven this. Now you can't really get any
Republicans to comment on that. By the way, isn't it
wild that that Braun becomes Johnny tough guy on Mark Sanchez,
but on the iedc Audit showing hundreds of millions of
dollars and what essentially is waste, fraud and abuse. Just really,

(01:20):
we're moving on from that.

Speaker 2 (01:21):
Yeah, we're going to put processes in place, and nothing
to see here. We're done with this.

Speaker 1 (01:25):
He's a real bad ass on on Ryan Meures and
the Mark Sanchez stuff. And by the way, he was
a wrong bad ass basically. I mean, you know, he's
right about the condition of the city, but let's face it,
he was trying to score points off the Mark Sanchez
thing and he looked he ended up playing the fool,
but not We're not any nothing, certainly in comparison to

(01:47):
that on this IDC.

Speaker 2 (01:48):
Sup. Do you think part of that is because Braun
is saying, you know, well that was before my time,
so now I know where we were. Now we're going
to fix it to move forward.

Speaker 1 (01:57):
No, I think it's because the money that has flowed
in and out touches so many of these politicians. It's
the same reason they won't touch Diego Morales, the Secretary
of State, when you look at his donations, when you
look at who's funding his campaigns, a lot of that
money touches all these other high profile politicians and One,
they're not going to choke off the money to themselves,

(02:17):
which is what would happen if they came out against it.
And two they're probably very worried that if investigations were
done or things came out how it would make them look.
So they're not gonna they're not going to wade into that.
And it's the same thing here. Look at where this
money was going, look at who was benefiting, and then
if you look at how connected those people are into

(02:39):
the Indiana political scene, certainly the Indianapolis political scene, in
many cases, he wants this, he being Braun, wants this
to simply go away. He wants you to believe that
he's done something when in reality it's mostly going to
be business as usual. And the answer here is so simple,
which is, if you just create a climate that's beneficial

(03:01):
for everyone, then people will want to come here. But
they're not doing that. What they're creating, the politicians in
India and the Republicans are creating is a climate that
is not beneficial to you or your tax burden as
an individual has never been higher when you take all
the taxes and put them together. And what they do
then is they take that money and they give it
to their friends and these mega corporations and these big businesses,

(03:24):
and then they throw up these press releases and these
parades for themselves, going, look at what a cool place
we're going to come to business. No, you just took
money from somebody else and gave it to another person,
and of course they're going to come here if you
give them free stuff. That doesn't make you noble or altruistic.
It just makes you a thief.

Speaker 2 (03:41):
The Noblesville mayor, Chris Jensen, he said that the state
needs to unify its message and be bold, visionary and transformational,
and the Crawfordsville mayor said, we used to be seen
as rock stars. Now all we hear is eh, we
don't know the eh.

Speaker 1 (03:57):
Well, he's about a lack of a vision, But you
didn't have a vision under Holcombe either, other than if
you're microny and my friend, right, But that doesn't benefit people.
Look at these these communities and how they've quote unquote
grown Noblesville. I worked up there for a couple of

(04:21):
years in the mid two thousands. Very charming, nice place,
quaint downtown, lots of farmland, lots of places you know
you could go get lost in the woods and hiking
and all these experiences. And now look at Noblesville, the
Soviet block style apartments right next to the downtown. The growth.

(04:42):
I mean, how many emails have we gotten from people saying, Hey,
I'm a nobles a lifer and I've had to leave.
This is not the place they grew up. And you're
seeing that in all of these Westfield Fishers, all of
these all of these places, the growth has not been
good growth. It's a lot of stuff. But if the
stuff doesn't better the lives of the people or or

(05:04):
release the burden, the financial burden to the people who've
been there, what's the point of the growth. And as
it relates to the state of Indiana, our quote unquote
economic climate has been a climate that put passes the
burden back onto regular people and it gives hundreds of
millions of dollars or billions of dollars over time to
these mega corporations.

Speaker 2 (05:25):
So according to this article, Nikki Kelly is saying that
a lot of this resistance is coming from energy related
development and utility costs.

Speaker 1 (05:36):
By the way, one of the things that is fascinated
that came out of that iedc Audit is how much
money these energy companies put, especially behind the foundation. Why
because the utilities or the big winners anytime these developments
a go in, because they would supply the power to
these developments.

Speaker 2 (05:55):
So yeah, they were giving a lot of money to
the IEDC.
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