Tuesday, April 02, 2019

FACT CHECK: SURVEY SEYZ KANSAS CITY BIZ AND ECONOMY FALLING BEHIND!!!



A good, hard look at this town's financial situation as voters typically go to the ballot box to vote the interests of their wallet.

Checkit:

KC Economy: Kansas City’s Economy is Growing, but Not Keeping Pace with Peer Metros



Deets:

"Let’s start with perhaps the ultimate indicator of a healthy, growing economy: Gross Domestic Product (GDP). GDP is the total value of all finished goods and services produced in an economy in one year. In 2017, Kansas City’s GDP was $131 billion (in current dollars). Among our 30 peers we rank 20th. We clearly have some work to do to meet our goal.

"The good news is we are growing. Between 2013 and 2017, the regional economy grew 6 percent in real (inflation-adjusted) dollars.

"The bad news is, we are not growing nearly fast enough to compete with our peers. Over the same period, our peer group saw GDP growth of 12 percent."

And so, this is the legacy of the current Mayor & Council despite so much hype about momentum.

You decide . . .

7 comments:

Anonymous said...

Once all the signs on the Paseo are changed to MLK the investments will pour in from all over the world.

Super Dave said...

One only has to look around the city and see it isn't of the caliber of other towns its size. Just because the town rapist has a shiny new house to live in does not make him a great person. Kansas City is the same way. I hope we really see some good from the voters today, but sadly I think it's just going to be more of the same.

The Great Rat Race said...

LOL what insecure shills came up with this? Peers? What are we a junior high school? Anyway Brookings research "Metro Monitor 2019" shows we are at the bottom of heap ranking 78th in growth and 84th in prosperity.

Sounds discouraging to the deluded who wouldn't be able to find their way out of paper bag in most situations perhaps but actually that may be a positive in many ways.

Anonymous said...

Yes vibrant growth and prosperity. "Smart Growth" and it's by products of displaced people camping in their cars, rv's and tents, and city crew's washing the sidewalks downtown in hazmat suits and bleach to keep things healthy.

Hyperblogal said...

I assume "Peer Metros" are those with huge, long-term, debt in the billions.

Anonymous said...

And,10:15, with rigged elections and wildly inflated stats for anal tourists.

Anonymous said...

The City repetitively uses Brookings to validate their "need" to keep on with their momentum. Brookings really is validating that the leadership is mediocre and that current plans are not working.

Marc tells us the economy is fine, meanwhile desperation grows, violence is near highs, and the usual players keep doing what they like to do for their self interests. No way to run a lemonade stand.

Very interesting is how comparatively dismal certain comparisons show things. What five new businesses of impact have located downtown in the last five years? How about three? How about two? How about any compared to those who left. It is a smoke and mirrors sugar water show with a half order of tourism on the side.