Tag: Corporate welfare
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Kansas bonds downgraded; economic development programs imperiled
Moody’s Investor Service has downgraded the credit rating of a series of bonds that Kansas uses to fund an economic development program. The utility of other programs may be in doubt.
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Starwood calls on Wichita
The usual problems with cronyism and corporate welfare come with economic development incentives offered to Starwood, but there are specific problems, too.
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Governing by extortion destroys freedom
Citizens must be persistent and vocal in reminding elected officials of the former or we shall continue to suffer the loss of liberty, writes Dave Trabert of Kansas Policy Institute.
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Developer welfare expanded in Kansas
A bill to expand developer welfare in Kansas failed to pass, but passed the next day on reconsideration.
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Carl Brewer: The state of Wichita, 2013
Wichita Mayor Carl Brewer, in his State of the City address for 2013, calls for increased support of the city’s economic development efforts.
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Questioning Pat Roberts
U.S. Senator Pat Roberts of Kansas says he will run for reelection in 2014, but not everyone is happy.
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Charles Koch profiled in Forbes
A profile of Charles and David Koch in Forbes seems fair and balanced, but there are a few issues.
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Wichita’s $60 million gift to Spirit Aerosystems — not
Industrial Revenue Bonds is a confusing economic development program misunderstood by citizens, journalists, and even city council members.
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Wichita economic development, two stories
Two items on the agenda for the Wichita City Council give an insight into the nature and efficacy of economic development efforts in Wichita.
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Wichita economic development initiatives to be announced
Tomorrow the Wichita Metro Chamber of Commerce will announce, according to the Wichita Eagle, new economic development initiatives. Past history suggests that the efforts will not be fruitful for the Wichita area. The inclinations of the parties involved in this effort are for more government intervention and less reliance on economic freedom and free markets.
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NetApp economic development incentives: all of them
The Wichita City Council will consider economic development incentives designed to secure new jobs in Wichita at NetApp. Few Kansans, however, are probably aware of the entire scope of the incentive package and the harm it causes.
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Kansas and Wichita quick takes: Thursday May 17, 2012
Today: Watchdog reporter at Pachyderm; Kansas senators vote for cronyism; Koch = big oil?; Economic freedom; We aren’t Greece … yet.