Tuesday, August 12, 2003
Govenor Riley is a Republican running in a different direction. He wants to make a fundamental shift in the mindset of Alabama economic development, and he is proposing tax increases to get him there.
Opponents say the tax increases are large enough to "gag a mule".
The Boeing deal highlights the shift. Although Boeing would be exempted from any proposed tax ncrease, the governor is proposing that increased tax revenues fund education improvements.
Riley may go down in flames on this one, but he is on the right track to change the economic development game. It's time to shift our thinking from incentives focused on companies to investments focused on individuals.
In 1981, IBM introduced the PC personal computer.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.