Saturday, January 23, 2010
Our administration has some right ideas, but some need to be adjusted..
I just finished reading an article in the Wisconsin School News(good publication), titled "The Economic Impact of Schools, How the West Bend Joint School District #1 Boosts its Local Economy", by Ted Neitzke and Pat Herdrich (top two in the district). They had some things right. A local school district does impact a community. Trickle-down economics is a valid point.
In the article they pointed out the number of jobs created and sustained in the county that come from the West Bend School District. They believe that trickle-down economics works.
So do I, however we differ when we realize where the trickle-down begins. They suggest it starts with tax-funded government schools. This is not the definition of trickle-down economy. No new money has been created in the Neitzke/Herdrich scenerio; it is money given by the taxpayers and redistributed in the community.
I believe, if an ecomony is to endure and have long term benefit to a community, it needs to begin in private business arena where "new" money is created, and taxes are lowered. That defines trickle-down economics as Ronald Reagan spoke of it. We also called it "Reagonomics".
Hopefully our kids understand how it works.
Of course the schools need money to function, but let's not deceive ourselves into thinking the schools are the economic base of our communities.
Dave
In the article they pointed out the number of jobs created and sustained in the county that come from the West Bend School District. They believe that trickle-down economics works.
So do I, however we differ when we realize where the trickle-down begins. They suggest it starts with tax-funded government schools. This is not the definition of trickle-down economy. No new money has been created in the Neitzke/Herdrich scenerio; it is money given by the taxpayers and redistributed in the community.
I believe, if an ecomony is to endure and have long term benefit to a community, it needs to begin in private business arena where "new" money is created, and taxes are lowered. That defines trickle-down economics as Ronald Reagan spoke of it. We also called it "Reagonomics".
Hopefully our kids understand how it works.
Of course the schools need money to function, but let's not deceive ourselves into thinking the schools are the economic base of our communities.
Dave
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