The Star changes their tune, again!!! Kansas City's paper of record goes from hope for resiliency to talk of recession!!!
Just like this blog and so many other people in town have noted: Kansas City's economy is slowing down . . . Dramatically.
Kansas City’s economic development engine is stalling.People who actually watch financial news and understand that we're in the midst of global recession have noted as much for months.
Private developers and officials at the key public agencies that dispense tax incentives agree there has been a sharp reduction in the number of project applications and inquiries in recent months. Public documents bear that out.
The Star is just changing their tune today . . . As we approached the New Year and just last month The Star was been pushing happy news about economic resiliency.
I guess now they're facing cold, cold reality.
Even worse, Kansas City has a dour and uninspiring Mayor at the helm during these financial harsh times.
Mayor Funky's favorite President is Lincoln . . . My favorite politico has always been Tom Pendergast not only because he was a "gangsta" but also because his legacy is evident in some of Kansas City's greatest buildings.
Anyhoo, politically this recession spells disaster for Mayor Funky. It's not his fault but he has been left holding the bag (nullus) and he is too uninspiring to focus Kansas City's attention elsewhere. His light rail plan failed miserably, he has inspired a racially divisive atmosphere AND his wife is Co-Mayor. All of these factors combined reveal that it's actually Mayor Funky caught in a "perfect storm" of bad timing and bad decisions which have made his reign a failure so far.
A politico with some talent might be busy promoting the city rather than their own silly plans.
Still, just as the Star's headline reveals today . . . Sooner or later we all have to deal with reality (unless we hide in a basement) and maybe there's hope that Mayor Funky can guide this town through the recession with something other than discriminatory budget cuts and misguided rhetoric.
Last question for this post: Is there an anchor tenant for the Sprint Center yet?
I think the Anchor tenant is going to be all of the ell phones that drop fucking calls that Sprint uses! World wide coverage my ass! My cell worked better in a 3rd world country then it does 3 hours North East of the Sprint Campus.
ReplyDeleteThis blog lives off Doom and Gloom.
ReplyDeleteAren't you confusing economic development with economic activity? Yes you are, Adam Smith.
ReplyDeleteHe doesn't know what a recession is either, which is funny.
ReplyDeleteHint: there is a dictionary definition.
There is no recession. Keep rubbing my feet.
ReplyDelete