Tag: Economic development
-
In Wichita, corporate welfare not needed, after all
Announcement of a new developer proceeding with a Save-A-Lot grocery store project — without any of the subsidies Wichita approved — raises questions as to whether the city’s original offer of public assistance was genuine economic development, or just another instance of corporate welfare.
-
Kansas and Wichita quick takes: Tuesday May 31, 2011
Today: Pachyderm to feature DA Foulston; Sedgwick County Commission; Kansas budget signed; KPERS suit threatened; Stimulus jobs — or not; Government doesn’t create jobs.
-
Kansas needs a dynamic economic growth policy
A dynamic market where many new business startups attempt to succeed and thrive while letting old, unproductive firms die is what contributes to productivity and economic growth. But most economic development policies, including those of Kansas and Wichita, do not encourage this dynamism, and in fact, work against it.
-
Kansas and Wichita quick takes: Thursday May 19, 2011
Today: Kansas growth clusters; Obamacare waivers go to Pelosi district; SRS chief to speak in Wichita; Kansas welfare money gets around; Kansas Bioscience Authority contract; Medicare reform explained.
-
Wichita on corporate welfare, again
An award of $2.5 million by the City of Wichita to aircraft manufacturer Hawker Beechcraft to ward off a threatened move to Louisiana stands out as an example of corporate welfare given for its own sake, and not in response to any real threat.
-
Hawker Beechcraft to receive subsidy from Wichita City Council
The decision by Kansas and Wichita to grant subsidy to Hawker Beechcraft in order to retain existing jobs is not a cause for celebration, as the state moves away from creating a dynamic economy.
-
Wichita forgivable loan action raises and illustrates issues
The granting of a forgivable loan by the City of Wichita to The Golf Warehouse raises issues of both economics and politics.
-
Forgivable loan a test for new Wichita City Council members
This week three new members of the Wichita City Council have a chance to live up to — or not — their campaign rhetoric.
-
Kansas and Wichita quick takes: Friday May 6, 2011
Today: Wichita downtown sites draw little interest; KPERS; more flexibility for school funds; despite “cuts,” spending grows; Sandy Springs a model; states’ war for jobs; shale gas to be topic in Wichita; Economics in one lesson this Monday; voters favor cuts, not tax increases to balance budget; here’s the Kansas data.
-
Leading index for Kansas economy improves, but lags behind peers
For the second month in a row, an indicator of future economic growth in Kansas has improved, but the index is below the national value and values for surrounding states.