How does economic growth in Wichita compare to the state and nation? Use the interactive visualization below, or click here to view in a window by itself.
This interactive visualization presents the GDP (gross domestic product) produced by the private sector and the government sector, for three different geographies. I use the Wichita metropolitan statistical area because that’s the data available from the Bureau of Economic Statistics. The data is indexed with 2001 values set to 100. This lets us see the relative growth for each data series. Some data is available through 2011, but some only through 2010.
Here are some things you can notice by using the checkboxes to turn on and off various data series:
For the Wichita MSA, government has grown more than the private sector.
The Wichita MSA private sector has grown more slowly then both the Kansas and US private sectors.
The Wichita MSA government sector has grown faster than both the Kansas and US government sectors.
Public private partnerships are not working out to well in Wichita. Spending our hard earned tax dollars on crony capitalism is only helping a few well connected businesses, but it isn’t growing the economy. Government does not make the economie pie bigger and when it takes a bigger slice of the pie it leaves a smaller slice for the private sector to eat. This visualization is a really good example of what is happening. We need new leadership and fast.