Tag: Economic development
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Kansas and Wichita quick takes: Sunday June 5, 2011
Today: Wichita City Council this week; Resources on Austrian economics; Wichita Save-A-Lot owner commended; Pompeo forum.
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Sedgwick County, Golf Warehouse, reveal shortcomings in procedure
A decision by the Sedgwick County Commission to grant a forgivable loan of $48,000 to The Golf Warehouse is yet another example of local government relying on corporate welfare as economic development, and exposes how little deliberation is given to making these decisions.
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Kansas and Wichita quick takes: Wednesday June 1, 2011
Today: Transportation planning; Pompeo, Huelskamp ‘no’ on debt limit; This Week in Kansas; Kingman is the first; Legislature is through for season; Stossel looks at energy.
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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.
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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.
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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.
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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.
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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.