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Sept 2010 final

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Sept 2010 final

  1. 1. Economic Indicators:<br />An Update for the 7 Rivers Region<br />
  2. 2. Standard Disclaimer:<br />The views expressed today are my own, they probably do not reflect the views of the sponsors, and as will become apparent probably not my employer, or anyoneelse for that matter. Complaints can be emailed too:<br />brooks.tagg@spam.uwlax.edu<br />
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  5. 5. Recession Index ©<br />
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  17. 17. Paul Seabright - Company of Strangers<br />Politicians are in charge of the modern economy in much the same way as a sailor is in charge of a small boat in a storm. The consequences of their losing control completely may be catastrophic(…) but even while they keep afloat, their influence over the course of events is tiny in comparison with that of the storm around them. We who are their passengers may focus our hopes and fears upon them, and express profound gratitude toward them if we reach harbor safely, but that is chiefly because it seems pointless to thank the storm. <br />
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  22. 22. See Handout<br />
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  26. 26. Panelists<br />Jim Wood<br />James Buchen<br />   <br />
  27. 27. Questions are drawn from proposals in the <br />Blue Print for Change. They can be found on page 11 in your booklet.<br />
  28. 28. Q1. How can the 7 Rivers Region alter its tax structure to collect the same revenue, but improve the economic climate?<br /> <br /> <br /> <br /> <br /> <br />
  29. 29. Q2. What reform will help our region most effectively create and retain college graduates?<br />
  30. 30. Q3. How can we identify and eliminate ineffective local public expenditures? <br />
  31. 31. Q4: How can the state best align income taxes with its desire to grow, expand and attract business and create jobs? (page 27 of Blueprint).<br />
  32. 32. Q5: How can the state increase its support for cluster industry, training and productivity initiatives. Specifically, enhance existing industry clusters such as agriculture, manufacturing, paper, forest products and tourism and emerging industry clusters such as high-tech, bio-tech, business services and IT-enabled services? (page 10 of Blueprint).<br />
  33. 33. Q6: Should the state create an economic development investment fund (i.e., a fund that would invest money in specific economic enterprises in expectation of a return on that investment) able to provide a two to one match for funds raised by certified regional economic development entities (i.e., those belonging to the confederation with certified business plans).<br />
  34. 34. Thanks<br />

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