01-17-2010, 01:02 PM
Very good question. But first we have to define "economic development". A change in zoning or the use of economic development incentives could easily make a Walmart the recipient, or a WTE incinerator. Are we talking what will generate some jobs or what will generate long term sustainable jobs? How much "local" business will it take to have any real impact?
You can open up 100 new businesses in the community, but if their goods and services can't compete with other out of area businesses, that would be a waste of money for no return.
You can open up 100 new businesses in the community, but if their goods and services can't compete with other out of area businesses, that would be a waste of money for no return.