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Development

Two Truths of Whitewater’s Economy

  There are two truths of Whitewater’s economy, each fundamental and each a refutation to the last generation’s myth-making. For today, it’s enough to list the two fundamental truths.   Large Public Projects Haven’t Overcome Weak Household-Income Levels in Whitewater. This is true both in aggregate, and for age brackets (children, adults 35-64) not representative…

About that Trump Tax Plan

In Whitewater, by press release (twice), one can read about the supposed benefits of the Trump tax plan. The Whitewater Community Development Authority’s executive director, Dave Carlson, was quick to push a portion of the plan as good for Whitewater. In doing so, he conceded what anyone observing Whitewater with care and concern already knew:…

Whitewater Listed as the Poorest City in Wisconsin

Samuel Stebbins and Michael B. Sauter, from 24/7 Wall Street, report Which town in your state is the poorest? Here is the list @ Gannett’s USA Today. For Wisconsin, they contend it’s Whitewater: Town median household income: $30,934 State median household income: $54,610 Town poverty rate: 38.2% Town population: 14,840 Whitewater has both the lowest median household income and the…

A Candid Admission from the Whitewater CDA

Sometimes, however rarely, even in places with the most stubborn boosterism, an official admits – wittingly or unwittingly – the failure of longstanding policy. Dave Carlson, executive director of the Whitewater Community Development Authority, is such an official. In a press release from March 27th, lauding a provision of the Trump tax bill, Carlson quotes…

Another Pig at the Trough

Jason Stein and Rick Romell report Foxconn: Glass maker could want hundreds of millions of dollars to locate alongside massive Wisconsin factory: To locate in Wisconsin, a key glass supplier to Foxconn wants financial help from the Taiwanese electronics giant or state taxpayers that could run into the hundreds of millions of dollars. … Corning…

‘Crony Capitalism and Social Engineering: The Case Against Tax-Increment Financing’

Whitewater’s residents may have heard, as I have, ignorant and false boasting about the benefits of tax incremental financing. It’s variously described as increment or incremental financing, but either way, it’s a plan to entice developers with taxpayer funds by segregating from the general fund, if any, the revenue generated from a development to pay…

A Sham News Story on Foxconn

About a month ago, a local business lobbying group in Whitewater invited an operative of the Walker Administration to the city to talk about Foxconn. The nearby Jefferson County Daily Union sent a stringer to cover the presentation. See Foxconn impact outlined in Whitewater. In the 38-paragraph story, the paper simply reproduces – without the…

Foxconn as Alchemy: Magic Multipliers

The Foxconn plant isn’t even built yet, but the Walker Admin and its allies (including a few local apologists for corporate welfare in Whitewater) now resort to fantastic, magical claims about how much economic development will come from nearly four billion in taxpayer subsidies. So magical, so fantastic, that they now claim an 18-1 multiplier…

A National Study on Big-City Economic Development

What’s the relationship, if any, between economic development and inclusion? A study from the Brookings Institution (Metro Monitor 2018) suggests that for large metropolitan areas, there may be one. (I’ll not try to fit these data into a local container. That’s why there’s no ‘The Scene from Whitewater Wisconsin’ logo attached to this post.) Here’s…

Owner-Occupied Housing in the Whitewater Area

During these years I have written, and long before, one has heard from local officials and residents that the City of Whitewater needs more single-family housing. Single-family housing is a kind of owner-occupied housing (e.g., one owner, two adult owners, a single-family). Indeed, one hears that the City of Whitewater needs more single-family housing the…

Hey, CDA: What About the Existing Marketing Plan?

At tonight’s Community Development Authority meeting, agenda item number 14 surprisingly calls for “Discussion and Possible Action on Community Collaborative Marketing.” Perhaps this means a change to Whitewater’s existing community collaborative marketing plan. Our city leaders have been clear, for many years, about how to market the community. Indeed, other parts of the municipal government…

10 Key Articles About Foxconn

➤ Foxconned (“How much is Wisconsin paying for a Taiwanese manufacturer’s jobs?”): Already, it is hazy just how much of a boost to the local economy Foxconn is expected to make. The company said it planned to hire 3,000 workers over four years, whereas the state said the new facility would create 13,000 jobs with an average…

Dane, Not the WOW Counties

For many years, Republicans have railed against Madison, and against Dane County, as bastions of dysfunctional liberalism. Indeed, this impulse has been strong even after the GOP gained control of both chambers of the legislature and the governor’s office. Funny, though, that it’s Dane County – not the WOW counties of Waukesha, Ozaukee, or Washington – that’s…