Paul Demko has an excellent interview with Greg LeRoy of Good Jobs First over at City Pages. The Q & A on enterprise zones is a wake up call for anyone who drives around Minnesota:
Enterprise zones, even at their best, if you're being intellectually honest about them, are simply designed to move activity around within a metropolitan area. There's no claim of net new creation of economic activity. You're talking about rural areas that are already hard hit and aren't experiencing a lot of job growth doing something to simply move them around and then reduce their tax liability for moving. It strikes me as a double loser. You could be dislocating workers at existing workplaces and you're reducing your tax base that's there to sustain the pubic goods that you need to attract other employers. To me you want to focus on making the county a more attractive place to do business--to grow your existing job base and to attract new employers--not just shuffle the deck and deplete your tax base at the same time.
That's the progressive agenda: make our communities more attractive places to do business by attracting talented residents and educating their children.
Any economist worth his/her salt will tell you that enterprise zones are a zero sum game at best (right, Jambo?). I appreciate the post, but you're just restating what's obvious to anyone that has a brain. On second thought: Since those running the state and the union don't have brains, it's a good idea to post this.
By 12:03 PM
, at << Home