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Quote of the Day: Why We Fight May 30, 2006

Posted by Tom in Community, Economic Development, Opinion, Workforce.

Smart City Memphis excoriates its Industrial Development Board for what it deems to be questionable incentive packages. Most interesting to me, however, is the core philosophy of what this anonymous blogger deems important about economic development:

The heart of our economic development policy should be increased opportunity, better jobs and bigger paychecks. Tax incentives should be aimed at achieving all three objectives, because if government is a party to a process that puts its own citizens in low-wage, dead end jobs, it is not just bad public policy. It is the most cynical kind of public policy.

An excellent summation of how alignment between workforce and economic development should work!



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