IS IT TRUE the Evansville City Council is expected to vote on the 2015 proposed budget next Monday night?…should the budget pass in its current form, the city could face more than 2.8 million dollars in spending cuts?…according to some of the more analytical members of the Evansville City Council there need to be at least $7 Million more in cuts to assure a balanced budget?…the reason for this chasm is the allegation that the Office of the Mayor has assumed a revenue level that is $11 Million into fantasy land?…Councilman Jonathan Weaver is indignant about the proposed $2.8 Million in cuts and has accused the conservative council members of micro management?…the CCO tends to agree with Councilman Weaver that it is not the place of the City Council to dictate small levels of spending?…the place where we disagree with Councilman Weaver is with respect to the revenue assumptions?…it is not micromanaging to demand accurate revenue projections from the Mayor who submits the budget?…the City Council is right to question the top line revenue number and failing to have done so for the past 3 years has depleted the reserves far too much?…step one has still not been made so what the council including Mr. Weaver should be concentrating on is a revenue number they can believe?…then and only then should the details of any cuts be on the table?…the first things cut should be anything that adds to the fun and games inventory?
IS IT TRUE that plans for a Meijer’s store to be built on North Green River Rd may have been cancelled or temporary postponed …according to a representative of the Meijer Corporate Offices who was recently contacted by CCO, presently there are no current plans to build a store in Evansville, IN in the near future?…no reason was given for the possible cancellation or delay of plans to expand in Evansville?…the planned “Hyper-store” was to have carried name-brand groceries, clothes, housewares, and a full “superstore” array of merchandise?
IS IT TRUE the City of Evansville could had lost approximately 150 full time and part time jobs if Meijer’s decides not to build in Evansville? …we wonder if any incentives were offered to this company by the City of Evansville, as is the case with the much-hyped 18 Mead Johnson jobs we heard about yesterday?…there seems to be a distinct geography that is associated with local government handouts in Evansville and that distinct “MOOCHER ZONE” is anything within a half mile of downtown Evansville?…the CCO understands the handout process and really has no problem with competitive incentives that do not practice geographic discrimination when they make economic sense?…paying incentives of $208,333 per job is never going to make sense but that is what was announced for the Mead Johnson 18 yesterday?…the federal stimulus even after accounting for total busts like Solyndra was better than that?
IS IT TRUE in the game of paying bribes to companies for jobs it is true that the higher the wage the more incentives can be justified?…this is the case because of the progressive nature of taxation?…for example one job that pays $1 Million will generate a substantially higher level of taxation than say 40 jobs that pay $25,000 each even though the income total to the community will be the same?…one person who makes a million bucks will most likely pay between $400,000 and $500,000 in total taxes while a group of 40 individuals making $25,000 each will pay less than 15% of their income in taxes with over half of that going to FICA?…given that taxing authorities are responsible for delivering service if faced with the choice of paying a bribe for a single job that pays $1 Million per year as opposed to paying a like amount for 40 jobs that pay $25,000 each the choice is crystal clear?…the better financial choice would be to provide one person with services as opposed to 40 if all things are equal?…of course doing the smartest financial thing would be held from the headlines because it would not play well to the crowd that is quantity focused with little care for quality?…in good economies the idea of buying jobs is considered absurd?
The 40 $25,000 job will be a bigger boost to the local economy. The product of those jobs most likely will bring outside dollars to the local economy. The wages will be spent over and over and over in the local economy. The one job for a million, like a vectren job would suck the money out of the residents and mostlikely would be invested in the world stock market. The little guy drives a large part of a local economy.
I agree that more will be spent on rent and the basics, but the 40 jobs will generate negligible taxes and no investments while increasing the demand for services. From a financial perspective the one high paying job will generate more taxes and less costs. One of the problems with the local economy is that it is too dependent on those that you call “little guys”. By the way my assumption with the million dollar job is that the skills associated with it are worth it. That would not be the case with a ceremonial patronage job.
The idea that makes the 40 jobs preferable to me is that 40 Evansvillians would have a better chance to improve their skill levels and build resumes. Not all of the 40 will see and grasp the opportunity, but some will. Unfortunately, those who do use the job as a step up the ladder will become candidates to join the “brain drain” exodus from the city, though. It seems to me that an overall plan about what kinds of jobs we want to attract and the type of employers we want to incentivize should be made. I am not saying we should turn low-skill, low wage jobs down. I am saying that the most perks should be given to the employers who encourage employees to increase their job skills.
Is the brain drain an Evansville.thing or the Midwest in general?
In general, it is happening for a lot of the Midwest, but it seems to be worse than average in this area. Our average education level is abysmal.
One person at $1 million, or 40 at $25,000. Based on today’s CCO IIT, Is It not True that CCO is calling for all business to pay their employees more money so government can receive those taxes? That is what it appears!
Or are they justifying the elite can prosper, while the peasant does without!
Local 1% tax would be the same on both cases.
The one wage earner would only feed and cloth two from local business.
The “25” would support 50 and would provide more bang for the buck to local business.
The “one” would likely take trips away from here, spending lots of money somewhere else.
The”25″ can not afford to travel and will spend it all here.
The one will pay $100 towards water/sewer bill that fix the CSO
The “25” will each pay that $100!
The “25” will not receive “public assistance” while employed!
Do we need to go on?
What we advocate is for the people of Evansville and even our country upgrade their skills to a level that will command very high wages in a free market. High wages are only justified by high value. Advocating to raise low skill positions to wage levels that prohibit competitive business is a kiss of death to an economy. A society of high skills and high wages is the only one capable of supporting the kinds of modern infrastructure we need and the toys that our leaders tend to want. You seem to have misinterpreted today’s IIT.
Is it not common practice to drive down wages/benefits for the majority of the workers so that money can be applied to ceo/stockholder/investers pocket? Are you advocating we do away with 96% of the low paid jobs/ put them people on the street, and then that 4% ($1million) jobs will cure all problems?
Editor:
Kiss of death for an economy? How about…unless this wage-differential/standard of living….is efficiently addressed (by that, I mean, sooner rather than later)….the entire society will become unstable as NO society is sustainable where only the top-tier makes it. That is a much worse scenario than Editor’s wishes for a strong economy. It is a recipe for revolution.
I don’t have a solid answer, but I have doubts about BOTH strictly market forces solving this problem (which is what Editor is advocating) VERSUS some form of wage policy creation.
In other words, highly informed minds disagree with you Editor. (I’m not sure, I acknowledge. But I agree this is an enormous problem.) From the WSJ October 14, 204:
“A recent special report by the Economist magazine offers a disturbing answer to this question. The report’s author, Ryan Avent, assembles an impressive array of evidence for the proposition that advances in information and communications technology are destroying more jobs in advanced economies than the advances are creating. Two Oxford scholars, Carl Benedict Frey and Michael Osborne, recently concluded that 47% of employment in America “is at high risk of being automated away†over the next two decades. Computer-driven technological change, which began by reducing the labor required for mass production, is now hollowing out the job market, for even routine legal and accounting tasks.
The digital revolution, Mr. Avent concludes, is “opening up a great divide between a skilled and wealthy few and the rest of society.†This poses a political challenge for governments throughout the developed world.
What can we do?
The business community favors upgrading K-12 education and the skills training that community colleges are getting better at providing. Many leaders in both parties favor increased public investments in areas—such as infrastructure, energy efficiency and basic research—that boost both growth and job creation. Entrepreneurs urge reforming the taxes and regulations that have slowed innovation and business startups in recent decades.
These measures are a good start, but they won’t be enough. For the next decade or two, governments will have to act directly to boost take-home pay. Carefully calibrated minimum-wage increases, expanded wage subsidies and work-sharing programs such as Germany’s should be regarded as essential parts of the public tool kit.”
Germany is not a good comparison. You have a homogeneous population with hard working honest people who love their country. There’s tremendous respect between the companies and the workers. The unions have destroyed any hopes of a good relationship in this country because of their thuggish actions over the years. Japan is doing well in this area, a homogeneous population with mutual respect. Recently Ford ask for some concessions from their labor union employees, the employees voted NO, the new Fiesta is being built in Mexico.
Those “25” that cannot afford to travel will blow all their money here but not as the 1 would. A person making $ 12.02/hr. is probably spending money on booze & cigarettes as they are less educated that the 1 who is buying fine wine and cigars thus support higher-end businesses who also pay more to their employees and certainly higher taxes.
The “25” are likely supporting the lottery & keeping the Auto Zones in business (low paying jobs) as they’re patching their cars every month or so, and likely paying low rent to someone in the middle class.
The 1 will hire skilled labor to build or remodel his or her house, buy or lease nice automobiles (plural) supporting dealerships whose employees make better than average wages. They’ll likely support several charities & certainly their church – who in turn helps the poor more than many know or even want to know.
The 1 will send their children (likely 2 or more) to private schools thus not draining our school system’s limited resources while providing their children with a head start to outperform the children of the “25” later in life. A small % of the “25” will do well in school & later in life but those are “the smart ones” in school and are far outnumbered by the average who choose not to apply themselves and are lost if by some miracle they make it to college-because they didn’t prepare themselves properly.
Then there’s the valid argument the editor put forth about services required vs. used.
Society needs more well paid professionals to support local businesses besides fast food, convenience stores and bars. The investment firms need clients just as insurance salesmen, realtors, etc. The list keeps going & going.
What business is it of yours of how those “25” spend their money? I do agree with you that we need is the manufacture base economy which would require engineering, ect like we once had, but with new technology that’s available. I too, hate all those low paying jobs too, but if those “elite”business people don’t have the skill/ability to create those better paying jobs, we can only work the jobs they come up with! I did fine some common ground with you!
The “25” ( I think you mean the 40 who make 25 thousand) will “blow” their money on rent, as they can’t purchase a home on their incomes. They will “blow” it on food and other necessities. If anything is left, it is absolutely none of your concern WHAT they do with it.
You are right about the forty.” Irritation” got my numbers reversed! 8 solid hours behind a four wheel drive John Deere tractor after the frost this morning has be back in proper mode!
Resident do not disappear if not working, they require services when employed, or unemployed!
What does “investments” have to do with wages? What good are investments if “everyone” has them, and nobody
(those 25) are not producing the wealth? Your encouragement of investment is like a cancer to a business. Expecting a 10% plus return for playing a bank, at the expense of the business and it’s employees!
Investments in local business create both wages and wealth. Evansville has no local investment so our entrepreneurs leave. That is the kind of investment I am speaking of, not just putting it in a bank or in stocks of companies in other places.
No mention of “local investment earlier”, again what do you do with all those unemployed people plus all the illegals? They do not disappear like the business ledgers can be manipulated.
This IIT on wages/investments is the classic example what is “wrong” for the common good of the country and its residents! I hope that “all mighty dollar” that they hold as their “God” gives them eternal pleasure. Of course there has been no proof they can take their money with them!
Do your investments sit idle? If you have had a life long career with a union, then you are likely a millionaire if not a multi millionaire. Do your investments sit idle? Are you playing the bank where they sit? It is the same with someone earning a million dollars a year. However, the editor’s point that one million dollar job has a better return for the city than 40 $25,000 jobs is a matter of math not class. And rather elementary math at that. I’m sorry Armstrongers, but you are just repeating the old class warfare argument in new package. It’s not so much that you are totally wrong, you’re just to one sided.
My so call “investment” has been the “multi generation” farm. It passes to my kid someday, who will likely do the same. The “investment will never be “cashed in’. The sight of growing crops, and the making improvements to the soil is the ROI.
There is no “so call” warfare, you keep bringing that up when I’m bringing up the points. Maybe a little guilt on your part?
As far as “one sided”, I believe you are too! This “does” make for good post at times with each other!
I am admittedly conservative, but I always try to understand the other side. I admire farm families. I am a self employed person and not that much different than a farmer in my work ethics and skills. THis year has been great for us If I had a grant for $200,000 a person, I could put a few people to work at a nice wage. Have you ever referred to the 1%? That is class warfare. That said, I think you have mostly missed the editor’s point.
” Have you ever referred to the 1%? That is class warfare.”
REALLY?? Then, you just waged “class warfare” by referring to them. Admitting there is a 1%, or even disparaging them is not “class warfare.” It is exercising free speech.
Reality check, IE! The 1% wages a whole lot of class warfare.
Ok, so because I said that the 1% reference the left uses is waging class warfare I am waging class warfare because I referenced the 1%. Now that’s some nimble logic.
I don’t care what % of what % does what. I do what I do and try to do it better than most. However poor or rich one is does not add or take away from me. I don’t borrow the 1%’s money at credit card rates. (Been there, done that, not going back) I don’t buy from rent a center even though they tell me I deserve it or spend more than I have. I don’t buy lottery tickets even though thousands win a day. I don’t stand on a boat in the river throwing dice on a table and money overboard. I’ll buy those in need a food, fuel, or fix their cars, but I don’t hand out money.
That’s how wage class warfare.
THat’s how I wage class warfare.
As a side note.
I was in a bad business deal (marriage) once. I had all the capitol, none what so ever on her part when that business(marriage) started. !8 yeas ago it fell apart and you know what had happen to half of “my” investment! Burden of putting the kid thru private college was all on me for five years and he is out debt free. Still subsidizing the kid until he is stable in this world. So, really, I guess I had two “investments”, but they were not the “Benjamin” type! I have finally feel I am getting out of the hole. Still living in a 75 year old house and driving a 20 year old truck!
Must lay eyeballs at each other some day!
Well, I am about $999,000 short of a million myself. My trucks 21 years old and likely the rustiest one in the city. I like it that way and I own it. I came from a six digit hole a little over ten years ago to owning my old house and postage stamp yard. Owe some on our shop building but far from upside down in it.
The big turnaround came when I turned myself around I had to get a different attitude about money and Ramsey’s gazelle intensity towards debt.
Divorce is a an investment that keeps on taking. We probably have mutual friends and the only problem I have with laying eyes on each other is finding the time.
If I miff you off ignore me. I don’t mean anything by it and you strike me as a stand up guy.
We are good!!!!!!! It is good we can disagree “a lot” and “bounce” things off of each other with out “hurt” feelings!!!
I have enjoyed the Dave Ramsey show on AM radio station when I run the one tractor for which the AM only works. That other political crap on there reminds be of a what a good yeast infection must feel like! Dave Ramsey column was/is in the C&P once a week also,
Fully agree. Knowing when you have enough is something some people will never experience. There’s some people that would not be content with a million dollars a year, it would be a 100,000 less than they wanted. It’s that class envy thing.
One thing I love about the CCO is that it causes me to think about things I have never considered before, the one vs forty. I don’t take this to ba 1% argument of class warfare, but where is the best investment of incentives? I am sure the best idea is to have a balance of jobs, but I think demographically we are bottom heavy.
Spot on. We are definitely bottom heavy but there is a flip side to that. There’s definitely a large available workforce in this area, but being available is different than being willing and able. We have a large group that is willing but unable due to health, skills, laziness or doing well in undocumented areas. I think the willing category is rather small because the available jobs are beneath them. A rather large international company opened a large factory in Memphis that pays well above minimum wage, they’re having problems finding employees. The demographics indicated a large available workforce, willingness and work ready is the problem. Quit looking at the overall income and check out disposable income for the ones receiving government benefits and you’ll see why there’s a huge supply of available workers but unwilling because it’s not profitable or worth the effort.
Those $25,000 jobs might save a lot of public subsidies paid to people without jobs. Might help with the blight ln the neighborhoods increasing property values and the safety. O, would the property taxes for the city go up?
There is much more to this than meets the eye. Look deeper Grass Hoppers.
In order to do that they’d have to fire up the critical thinking calories normally supplied to the human brain metabolism. That has strategic timing involved as well.
Some just can back away from the table long enough to let the natural process take its “course”.
I am flying today and can’t engage further.
You only think you’re flying. Stay out of those California pot shops.
Those Mole awards are Monday.
Really flying just landed in Dallas and getting ready to fly some more. No pot shops here or Evansville. Looks like I will have to abstain or go to jail. It is odd how different state laws are. I am heading to Denver for 3 days after the Mole awards. They give Rocky Mountain High a new meaning now. I am going to NREL though so the friendly skies are all the flying I will be doing.
Good plan. have a smooth flight. Hope the flight operation has ample leg room due its seating logistics That’s getting a wee bunchy for some people lately, having longer legs I’ve found that isn’t really a improvement for the PAX load.
Pack’um and stack”em. ………..”.raw hide”…….
http://www.sherv.net/guitar.strumming-emoticon-6103.html
build on the resources you have. Not the ones you have to buy with other people’s money.
I was really looking forward to the new Meijer’s store. I wonder if the developers considered asking for TIF or other incentives the way Schnucks did. The local consumers lost out on a great store, but Schnucks won big on this one. Meijers would have been a fierce competitor for them. Part of me wonders if this might not be an example of the ole boy and girl network coming to the rescue of their friends.
Probably just logistics, Schnucks does that well, considering how archaic Evansville Vanderburgh logistical throughput commerce values are, they do that “real well” for their customers convenience . Lots of competitive balances in the Evansville metro area in grocery availabilities.
With the stagnated growth in the metro balance always projected “inside out” who’s to blame an incoming business for some step back observation before the investment. If we were to recommend a location for Meijers it wouldn’t be on the location that was projected anyway. Its conveniently clobbered by less than visionary logistical accesses as it stands now. Further beyond Vanderburgh’s plugger type traffic management would be the sustainable and growth oriented choice. Eastern gateway on east where the viability of base utility service is more cost affective due this centuries presentations.
We aren’t talking sprawl we’re talking balanced additional infrastructure blending, with an plan that visibly migrates the value presented throughout the whole unit viability. As that’s carried for the metro growth balance. The metro there has some real unseen value going nowhere inside what they sit on right now. The concepts other regions create sometimes mimic what the planet has already awarded southwest Indiana and that Tri-State Metro with Geo-physically. Regions that grow forward on those, balance the individual conditions as shared assets. Considered and ranked as joint regional progress. Its the issue that leaves the Evansville downtown in the middle of the last century every single time some foolish bent has your money to spend on the continuous failed visual they continue shove forth there.
Too bad, you can make a huge mark on this centuries needs America has to work on in sustaining its economic balance for the rest of this century, Its almost 2015 a child born at this minute in time will need every aspect of any metro balance by 2025 just to progress forward. ” Whos in your bassinet” ?
There is a lot to be done in ten short years . Think about that. Most seriously engaged metros are.
Did you come up with Common Core? Words, why use one when two will do.
Nope. it’d be more common if we did.
Winnecke jobs announcement.
http://3.bp.blogspot.com/-Ep6JGPSfukk/UZ3jrRVJ4yI/AAAAAAAAB5Y/-lIMExoGg8w/s400/goodnewseveryone.png
It appears the C&P have different news regarding Meijer locating here. http://www.courierpress.com/business/evansville-meijer-location-will-include-a-gas-station_93511907
Sure along with another throughput plugging stop light, or else. The drainage work needed at that location is definitely or should be “go no go” deal as well. Evansville has some opportunity there but the overall plan doesn’t even come close to the solution. The developed section on the west side of green river marks a astronomical usage fail with its usability for multiple metro infrastructure improvements. Needs vision beyond what’s in the present design, you haven’t explored that, never do, real estate brokers just sell ground , someone else needs to mange the revenue stream assets after that, just look at the place.
Try looking up the definition of a real estate broker in the Urban dictionary.
Just like we said in the comment regarding the logistical balance of the “present” site projection.
” Its conveniently clobbered by less than visionary logistical accesses as it stands now”
^^^^^^^^^^^^^^
CCO which is it? Is Meijer coming to the area or not? Like many, I look here for accurate information. I don’t look or read C&P, so I look here. Please check your sources. Is Meijer moving in or not.
Don’t go by the scripted bull the mainstream media usually sports there Peterson, ask the people who know.
Cut to the chase.
http://newsroom.meijer.com/media-contacts
[cut to the chase]
r/. Sl. to focus on what is important; to abandon the preliminaries and deal with the major points.
Example:
All right, After a few introductory comments, we cut to the chase and began negotiating.
I expect another call will be placed to the Meijer Corporate offices tomorrow to verify which information is correct. I do know that the planned Evansville Store was removed from the company’s website some time ago. Just this once, I hope the Courier is right.
Thank You for the information, very helpful. Not worried about the C&P. I get my facts from CCO. We got some incorrect information regarding Lamasco. Just wanting make sure all the research is done prior to posting information.
Uh, Joe, it appears that someone has been feeding your mole some mole poison. The C&P is reporting that a Meijer’s and fuel station IS coming to N. Green River Road between Cheddar’s and Menard’s. 200,000 square feet. OMG! Another MINO sand turning! (Seriously, I look forward to this store. Great shopping.) Now, if we can just get a Costco, a Whole Foods, a Joe’s Crab Shack, a Carrabba’s, and real restaurant to replace that wanta’ be Cavanaugh’s at the boat……..
Looks like you got some bad information Joe.
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