Friday, September 22, 2017

KANSAS CITY ECONOMY SLOWS DOWN!!!

Financial data offers a glimpse at the local bubble beginning to burst as the perpetual motion machine of tax incentives and speculative development starts to come unhinged. Checkit:

KC economic growth slows, but past not as bad as thought

Kansas City's economy grew by 1 percent between 2015 and 2016, according to the Bureau of Economic Analysis (BEA). That figure is just as unimpressive as it sounds. Of the 53 metros with at least 1 million people, this rate ranks us 38th. As it has for the last three years, San Jose was home...

5 Comments:

Anonymous said...

A few more subsidized watering holes, convention hotels and more Amish buses and KC will be rolling again.

Retro ROCKER said...

People in the metro hold there money close to there vest. That is why they have it. You know the ones who are spending the most money are you the ones who can't afford to.and then they go to the payday loan for more money.

Anonymous said...

This may well be a result of how difficult it is to start up a new Business in Kansas City. The Economy runs off of businesses employing 50 or fewer, but KC puts an incredible number of obstacles in their way, and always has.

There have been several "Plans" announced over the years that would "help" small businesses in getting started, setting up "new systems and departments" to smooth their way and ease their dealings with the City. Unh Hunh! None of these has ever helped anyone out, but for all anyone knows, they still exist, carrying on in some obscure office somewhere, accomplishing nothing except for churning out the occasional report and providing meager paychecks for a few clerks and very nice fat ones for somebody's Wife/Niece/Daughter/Mistress or Significant Other!

Big Businesses, on the other hand, don't even have to visit City Hall! A Councilperson will be more than willing to call on them, at their convenience, should rainwater collect in their Parking Lot too often or a pothole appear on the route the CEO takes home.

Of course, these Big Boys don't contribute as much to the local Economy, but they sure make a difference in a Campaign's bottom line, don't they?

Anonymous said...

Juz zhut up n pay ur taxez!

Anonymous said...

We can use a chicken factory.