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What's the best way to create more jobs in Wichita? Come and find out on Friday at the WSU Metroplex. Free and open to the public. Yes Wichita Coalition For A Better Wichita Wichita Metro Chamber of Commerce http://kansaspolicy.org/events/119824.aspx?view=c


Fostering Economic Growth in Wichita
kansaspolicy.org
A discussion on the jobs fund portion of the proposed City of Wichita 1% sales tax. Agenda to be announced.
Mon, 15 Sep 2014 19:53:26 +0000
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A chance to truly understand the issues facing Wichita voters in November. What is the best way to give more Wichitans a chance to find a job? RSVP in first comment. Voice For Liberty Yes Wichita Coalition For A Better Wichita Wichita Metro Chamber of Commerce http://www.kansas.com/news/local/article2006841.html


Kansas Policy Institute to host public forum on proposed job development fund
www.kansas.com
The Kansas Policy Institute, a conservative Wichita nonprofit organization, is hosting a community forum on the proposed job development fund, which is part of the one-cent-on-the-dollar sales tax that will be on the November ballot.
Wed, 10 Sep 2014 17:19:04 +0000
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Would you pay a 1% sales tax to create a "jobs fund"? Wichitans will have to make that decision in November. 19 September at WSU Metroplex to learn about the facts of the proposal, Wichita's economic trends, how incentives have worked in Kansas before, and what it takes to make an economy truly grow. Free event, open to the public.
http://kansaspolicy.org/Events/119824.aspx?view=c


Fostering Economic Growth in Wichita
kansaspolicy.org
A discussion on the jobs fund portion of the proposed City of Wichita 1% sales tax. Agenda to be announced. Speaker line-up available at Full Description.
Mon, 08 Sep 2014 15:36:42 +0000
Last Refreshed 9/15/2014 11:02:30 PM
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Wichita Hotel Glut Mirrors Past Mistakes
Posted by Todd Davidson on Thursday, June 14, 2012

Wichita’s hotel developments are beginning to follow the same path that many government induced supply surges took before them.  From the Wichita Eagle today:

Wichita hoteliers are struggling to recover after hitting bottom in 2010 because the market keeps adding hotel rooms…

Hotels downtown are seeing a lot of new or upgraded rooms in the last three years with the assistance of local and state tax incentives.

These include the $11.5 million Fairfield Inn & Suites Wichita Downtown, which opened last year; and the $29 million renovation of the Drury Plaza Hotel Broadview, also completed last year. 

If that’s not enough taxpayer funded rooms for your upcoming family reunion, you are in for a treat when the new 117 room, taxpayer supported Ambassador Hotel opens in December.  All of this on-top of the 303 room, city-owned Hyatt Regency.  With occupancy rates hovering around 50% it’s only a matter of time before hotels begin closing up shop.

This is an all too common story of government incentives.

Homeownership enjoys an indulgence of government incentives at the Federal, state, and local levels.  These incentives helped boost housing supply to bubble proportions.  When the glut of housing was realized the bubble popped and we are still reeling from The Great Recession.

The student loan crisis is following this very same path.  Government induced the supply of college education with tax credits and cheap loans; the excess supply caused the value of degrees to drop; the bubble is bursting, (but the debt stays) and many of those with debt can’t find work to earn wages and pay down their loans because the economy continues to tumble.

Kansas STAR bonds program forced taxpayers to subsidize a massive outdoor shopping mall, which merely steals economic activity from other non-subsidized retailers, leading the less fortunate to closure.

Those calling for big empty office and manufacturing buildings should pay attention.  The economic fundamentals are simple, incentives lead to supply increases not matched by consumer demand.  The oversaturated market then leads to the shuttering of homes, shops, and hotels while taxpayers are left holding the bag.

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