Iowa Values Fund gains traction

Tuesday, February 10, 2004

Despite an uncertan funding mechanism, the Iowa Values Fund is gaining some momentum. The Fund is financed by sales tax receipts, and the economy has slowed the financing.

So, a group of legislators are proposing that the Fund be financed with tax exempt bonds. Read more.

Hidden in the middle of this story is a red flag, though. Iowa (like other states) will be facing a shortage of skilled workers as the Baby Boom generation retires. According to the story, Iowa will be short 567,000 skilled workers by the year 2010.

Sooner or later, we'll start to figure this out. The major constraint we all face in building a high income economy is skilled labor.

posted by Ed Morrison |

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