Two questions haunt Old Whitewater (where Old Whitewater is a state of mind rather than an age or a particular person): What does it mean to be a college town? and What is meaningful community development? (There are other serious questions, but one can be sure – at the least – that these two have Whitewater…
Innovation Center/Tech Park
Bad Ideas, CDA, City, Corporate Welfare, Economics, Economy, Free Markets, Government Spending, Innovation Center/Tech Park, Local Government, Politics, State Capitalism, Taxes/Taxation, That Which Paved the Way
The Trump Tax Bill: The Illusory Pay Bump
by JOHN ADAMS • • Comments
In the spring, before and after a local election, the Whitewater Community Development Authority issued two press releases praising a part of the Trump tax bill as good for Whitewater. CDA executive director Dave Carlson presumably wrote the releases, and Larry Kachel, the CDA chairman, stars in one of them as offering gratitude for gerrymandered congressman…
Bad Ideas, CDA, City, Economics, Economy, Government Spending, Innovation Center/Tech Park, Local Government, Politics, Taxes/Taxation, That Which Paved the Way, Trump
The Trump Tax Bill: Massive Federal Deficits
by JOHN ADAMS • • Comments
The Whitewater Community Development Authority’s press releases flacking a part of the Trump tax bill for Whitewater show only that they either don’t understand what the Trump bill means for America, or that they hope others won’t understand. (See press release 1, press release 2.) This bill will drive the federal budget deficit to astonishing and…
City, Government Spending, Innovation Center/Tech Park, WEDC
Far Less Than 10.7%
by JOHN ADAMS • • Comments
Whitewater’s residents may have recently read (3.7.17) another City of Whitewater press release from the Wisconsin Economic Development Corporation (WEDC) – this time concerning more public spending on selected businesses. (For remarks on a prior release, please see The Simplest Condition for a ‘Shovel-Ready’ Site is an Empty Lot.) There are few better ways to argue against…
City, Government Spending, Innovation Center/Tech Park, WEDC
The Simplest Condition for a ‘Shovel-Ready’ Site is an Empty Lot
by JOHN ADAMS • • Comments
Whitewater’s residents may have recently read (just yesterday) a City of Whitewater press release about a Wisconsin Economic Development Corporation (WEDC) designation for the city’s thirty-five empty acres of tech park land. I’ve reproduced the release in full at the bottom of this post. A few key points: 1. The simplest condition for a “shovel ready” site is…
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…
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,…
CDA, City, Corporate Welfare, Economics, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Politics, WEDC, Wisconsin
The State’s WEDC and Whitewater’s Facsimiles
by JOHN ADAMS • • 2 Comments
Ongoing revelations about the Wisconsin Economic Development Corporation are a double concern: they’re stories of statewide malfeasance, and those revelations beg the question of how local officials in Whitewater are managing their own pools of public money. First, the latest stories (it’s a steady stream) of state-level error, waste, and negligence: Madison— Failing to run…
Business, CDA, Corporate Welfare, Economy, Free Markets, Gluttony, Government Spending, Innovation Center/Tech Park
Conservatives Against WEDC
by JOHN ADAMS • • Comments
Only a generation ago (not long, really), most conservatives would have rejected something like the Wisconsin Economic Development Corporation’s ineffectual, wasteful attempts to manipulate the economy for the benefit of a few insiders’ friends. Today, communities across our state are beset with any number of unctuous men hawking a kind of big-government conservatism, with false…
Corporate Welfare, Education, Gov. Walker, Government Spending, Innovation Center/Tech Park, Labor, Liberty, Local Government, School District, University, WEDC, Wisconsin
Education: Substance & Spending
by JOHN ADAMS • • Comments
Following comments to yesterday’s post on proposed cuts to the UW System schools (Caution arrives late, doesn’t recognize its surroundings), here are nine quick comments about education. 1. Act 10 as a budgetary tool. This centrally-planned idea didn’t work. Reductions in public-union bargaining powers in exchange for the ‘tools’ to balance school and other public…
City, Government Spending, Innovation Center/Tech Park, Local Government
At Council Tonight…
by JOHN ADAMS • • Comments
At Common Council tonight, there’ll be, among other items, ongoing consideration of the proposed 2015 budget, and a presentation from Chancellor Telfer on the Tech Park. Both items offer curiosities. As in past years, City Manager Clapper will stand back from the discussion of the bus, but happily accept any money Council offers for it.…
Business, Government Spending, Innovation Center/Tech Park
Innovation Center Offers a Seminar on How to Go Out of Business
by JOHN ADAMS • • Comments
Nutty, but true: the Innovation Center – the Disappointment that Keeps on Disappointing™ – is apparently offering a program entitled, “What you Will Need to Know When You are Ready (or Not) to Sell Your Business.” It’s part of – wait for it – the Center’s ‘Elements of Success‘ series. Honest to goodness, for all…
Business, CDA, City, Corporate Welfare, Innovation Center/Tech Park, Local Government, Politics, University
Local Crony Capitalism via the WEDC (and similar schemes)
by JOHN ADAMS • • 2 Comments
Whitewater’s had a decades-long problem of a few town insiders manipulating government and public resources for their own private ends. That time is drawing to a close, but there are yet some years ahead in which aging, mediocre town figures will push their self-promoting lies. As their chief motivation is personal vanity and pride, they’ll…
Corporate Welfare, Government Spending, Innovation Center/Tech Park, Local Government
Would They Run On It?
by JOHN ADAMS • • Comments
When local government’s politicians and bureaucrats propose big projects, they should ask themselves: would we run on it? That is, would they run on a standalone vote for (or against) their proposal? The open secret of local politics is that I’d guess many – if not most – of the big projects proposed would fail…