Desperate but hopeful people wanted to keep their jobs with Carrier in Indiana. As it turns out, the promises of over a thousand jobs retained (albeit at a cost to other taxpayers) were exaggerated, whether by carelessness or manipulation: INDIANAPOLIS (WTHR) – The Carrier deal, brokered by President-elect Donald Trump, may not have saved as…
Economy
Economy, Government Spending, Poverty
Ineffectual, Wasteful Infrastructure Ambitions
by JOHN ADAMS • • Comments
Randal O’Toole takes a look at a key part of the incoming administration’s economic policy, and sees the Trouble with Trump’s Infrastructure Ambitions. There are, simply expressed, four problems: Not all spending of this kind is equally valuable: “Many advocates of infrastructure spending assume that all infrastructure contributes equally to economic vitality, but this is far…
City, Development, Economy, Free Markets, Government Spending, Local Government
The Local Economic Context of It All
by JOHN ADAMS • • Comments
Over a generation, Whitewater’s big-ticket public spending (where big ticket means a million or more per project in a city of about fifteen-thousand) has come with two, often-contradictory justifications: (1) that residents needed to spend so much because Whitewater was the very center of things, or (2) that residents needed to spend so much to assure that…
America, City, Development, Economy, Free Markets
Small Towns in America Can Thrive
by JOHN ADAMS • • Comments
I posted recently about James Fallows’s Eleven Signs That a City Will Succeed. (See, from FW, James Fallows on ‘Eleven Signs a City Will Succeed’ (Part 1) and an assessment of those signs for Whitewater, James Fallows on ‘Eleven Signs a City Will Succeed’ (Part 2).) In the video below, James & Deborah Fallows talk…
City, Culture, Development, Economy
Culture, Economy, Fiscal
by JOHN ADAMS • • 1 Comment
The approximate number of working age adults, from 25-64, in the City of Whitewater proper is 4,134. This working age population is nestled among a total, estimated population of 14,801. See, American Community Survey, 2010-2014, 5 year estimates http://factfinder.census.gov/bkmk/table/1.0/en/ACS/14_5YR/DP05/1600000US5586925. One can draw three broad but reasonable conclusions from these numbers. Culturally, local publications present a…
City, Development, Economy, Hip & Prosperous, Politics
The Middle Time, Part 2
by JOHN ADAMS • • 3 Comments
Over two years ago, I described Whitewater as being in a ‘middle time,’ between former conditions and future ones: While Whitewater is in a time of transition, from one way of life to a more diverse and prosperous one, she is only at the ‘end of the beginning’ of that transition. It’s a middle time now, and…
Business, City, Development, Economy
Grocery Preliminaries (Part 3)
by JOHN ADAMS • • 2 Comments
I’ve written a bit about the search for a grocery in Whitewater, but admittedly it has not been a principal topic for me. That’s not because I don’t think a grocery or co-op would be nice to have; it’s because I know it’s hard to sustain one. Retail grocers (independent ones most notably) operate under…
Business, City, Development, Economy, Government Spending, Open Government, University
Grocery Preliminaries (Part 2)
by JOHN ADAMS • • 3 Comments
I wrote yesterday about a grocery in town, in a post entitled, Grocery Preliminaries. The post’s subject line used the word ‘preliminaries’ because it seems likely that Whitewater will get a new grocery, whatever one thinks of a public subsidy to entice one. In this way, that post presumed a deal, and so was meant…
Economics, Economy
Rapid Over Gradual
by JOHN ADAMS • • Comments
There’s a policy study out from Cato entitled, 25 Years of Reforms in Ex-Communist Countries: Fast and Extensive Reforms Led to Higher Growth and More Political Freedom (via pdf Oleh Havrylyshyn, Xiaofan Meng, and Marian L. Tupy, Cato Policy Analysis 795, 7.12.16). I finished it last night (the paper’s well-written, relatively brief, and persuasive). There’s…
City, Development, Economy
Offer, Cooperation, Gentrification
by JOHN ADAMS • • 2 Comments
Let’s assume that one believes, as Whitewater’s political class has professed for the last generation, that attracting newcomer families to the city is a worthy goal. (I share this goal; for those who don’t, the conversation’s over, so to speak. They need say no more, and may watch out their windows as the city stagnates,…
City, Economy, Politics
The Other Problem with Bad Data
by JOHN ADAMS • • 2 Comments
Surveys, polls, and studies by their nature typically rely on the measurement of something. (They’re not poetry; they’re not song.) The accuracy of that measurement should matter, both to those collecting it and those receiving it. It should matter in-and-of itself, and for its consequences. Many communities, including Whitewater, have had a data problem: a…
Business, City, Economics, Economy, Free Markets, Government Spending, Politics
The Growth That Uplifts
by JOHN ADAMS • • Comments
In a recent interview, Ana Revenga, senior director of the World Bank’s Poverty and Equity Group, talks about ending extreme poverty. See, Ending Extreme Poverty: World Bank Economist Ana Revenga @ The Christian Century. (The World Bank defines extreme poverty as living on less than $1.90 per person per day, and the article describes how…
City, Economy, Poverty, Walworth County
Inequality in the ‘Whitewater-Elkhorn’ Area
by JOHN ADAMS • • Comments
Over at the Economic Policy Institute, there’s a newly-published study of income inequality in America, and it ranks Walworth County as one of the most income-unequal places in the nation. The study refers to the ‘Whitewater-Elkhorn’ metropolitan area, but with a population of 102,000, it’s clear that the reference is to Walworth County, using the…
City, Culture, Economy, Politics, School District, University
The City Never Sleeps
by JOHN ADAMS • • 2 Comments
In the broadest, figurative sense, Whitewater never sleeps. Like any other place, she’s constantly changing, either to her benefit or detriment, but changing nonetheless. (It’s only the parochial myth that she’s already achieved a level of perfection that obscures the obvious truth of constant flux.) Glance away, for one day or forty, and when one…