If one were to look for Whitewater’s population, the U.S. Census Bureau’s report from 2010 would say it was 14,390, and that same bureau’s 2014 American Community Survey would say it was 15,040. Let’s call the total population 15,000, at least for a moment. Expressed this way, Whitewater seems like one place of a certain size.…
Economy
CDA, Development, Economics, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Press, Public Relations, WEDC
‘WEDC has been a disaster from the get-go’
by JOHN ADAMS • • 1 Comment
After years of defending the Wisconsin Economic Development Corporation, one newspaper (out of several in the area) finally concedes the obvious: ‘WEDC has been a disaster from the get-go.’ See, from 11.28.15, http://www.gazettextra.com/20151128/our_views_consider_two_steps_for_salvaging_state8217s_job_creation_agency, subscription req’d. Yes, it has been a disaster, as politicized intervention in the economy, to the benefit of one’s well-fed, white-collar executive…
Business, Economy, Free Markets, Hip & Prosperous, Poll
Friday Poll: Preferred Shopping Times, 2015
by JOHN ADAMS • • 3 Comments
Preferred Shopping Times, 2015 View image | gettyimages.com The Friday FW poll asks about how you’ll shop over the weekend. It’s third year that I’ve run this poll (versions of it ran in 2012 and 2013). Let’s see how this year’s answers compare with those earlier versions. (Multiple selections are possible for those who’ll shop in…
Business, Economy, Free Markets, Good Ideas, Hip & Prosperous, Restaurant
Shop Small on Saturday, November 28, 2015
by JOHN ADAMS • • Comments
If you’re out and about on Saturday, I hope you’ll shop at some of the many independent, small merchants of Whitewater. You’ll find a wide selection of items for purchase as gifts, and good restaurants at which to eat while shopping during the day. Best wishes to all for a happy and prosperous season —…
CDA, Development, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Newspapers, Poverty, Press
Theranos as a Cautionary Tale
by JOHN ADAMS • • Comments
Theranos is a much-hyped biomedical start-up that’s fallen in valuation and reputation (not always the same thing) following published doubts (e.g., @ Wall Street Journal, Fortune) about its supposedly revolutionary technology. Here’s the meaning of this story for Whitewater: Theranos had the participation (and attention) of some of the most gifted men and women in America,…
Assault Awareness & Prevention, City, Corporate Welfare, Culture, Economics, Economy, Free Markets, Government Spending, Local Government, University, Waste Digesters, WEDC, WGTB, WHEN GREEN TURNS BROWN
Boo! Scariest Things in Whitewater, 2015
by JOHN ADAMS • • 3 Comments
Here’s the ninth annual FREE WHITEWATER list of the scariest things in Whitewater for 2015. The 2007, 2008, 2009, 2010, 2011, 2012, 2013, and 2014 editions are available for comparison. The list runs in reverse order, from mildly frightening to truly scary. 10. The Coming Ferret Invasion. Alternative title: The Unprepared Will Be Doomed. Earlier this year,…
Business, CDA, City, Corporate Welfare, Economy, Government Spending, Local Government
On Big Banks, Big Businesses
by JOHN ADAMS • • 2 Comments
In the video above, Sec. Clinton tells Steven Colbert that she’d let big banks fail. There’s something in her (briefly stated) position for a libertarian to admire, although other points to doubt. (I’d not urge breaking banks up, but would surely urge government to allow large banks or businesses to fail. Clinton, admittedly, is referring…
Economics, Economy, Local Government
The Rise and Fall of the Chinese Economy
by JOHN ADAMS • • Comments
You’ll find in the video above a concise, balanced assessment of China’s economic prospects from economist Tyler Cowen. The short-term is sure to be rocky, but there are good, long-term prospects for China. (Prof. Cowen doesn’t say so, but those long-term prospects are likely to include – indeed, to require – a China without the…
Business, CDA, City, Economy, Government Spending, Local Government, State Government
Gov. Thompson Rejects WEDC-Style Loans
by JOHN ADAMS • • Comments
Republican Tommy Thompson, who served for fourteen years as governor, has written in opposition to the Wisconsin Economic Development Corporation’s loan program. It’s the right position to take, and shows that Thompson understands the problems with WEDC. Explicitly, Gov. Thompson’s opposition to WEDC-style loans includes local communities’ doling of loans through their own programs. (Whitewater’s Community…
Business, Corporate Welfare, Development, Economics, Economy, Liberty, Local Government, WEDC
Business v. Free Markets
by JOHN ADAMS • • Comments
Over at Cato, David Boaz writes about The Divide between Pro-Market and Pro-Business. (I’ve also linked to Boaz’s post at my libertarian website, Daily Adams.) Boaz observes that, too often, business (especially big business) is an opponent of free markets: In 2014 big business opposed several of the most free-market members of Congress, and even a Ron Paul-aligned…
CDA, City, Corporate Welfare, Economics, Economy, Gluttony, Government Spending, Local Government, Politics
Fog Lifts
by JOHN ADAMS • • Comments
View image | gettyimages.com Whitewater started the day with fog, but there has never been a place, anywhere or ever, in which the fog did not lift. There’s reason for confidence that even befogged places see, in the course of events, clear skies. I’d guess, though, that most policymakers in town (such as they are)…
City, Economy, Government Spending, Local Government, Press, WEDC
What City Officials and the Press Haven’t Told You About the HyPro Layoffs
by JOHN ADAMS • • 13 Comments
Updated, 9.9.15, 2 PM, and bumped forward from original 9.8.15 post date. I’m always eager for more discussion about WEDC – To reconcile the figures of $1,300,000 and $262,000: There are differences in the dollar amounts of tax credits depending on whether one considers the maximum authorized or the amount HyPro has so far taken. In…
China, Economics, Economy, Foreign Affairs
The Limits of China Under Communism
by JOHN ADAMS • • Comments
A single paragraph from Jacob Soll puts China in perspective: There is no historical example of a closed imperial economy facing large capital-driven, open states and sustainably competing over a long term. That is not to say that China isn’t an economic powerhouse and a remarkable site of energy and potential. It is certainly both.…
Economics, Economy, Free Markets, Immigration, Labor, Restaurant
Film: From Dishwasher to Award-Winning Restaurateur
by JOHN ADAMS • • Comments
I suppose that if I wanted to curry favor with others, I’d talk about the need for immigration restrictions, or at the least I’d avoid taking a contrary view (a restrictive position being so popular these days). That would seem to me a timid way to face the world, unfit for robust Americans. One should…