Fayette Tribune: Miss Liberty Needs to Smile Again
media mentionOver the past two years, the buzz word in the gilded halls has been “economic development.” But “economic development” has been an excuse for more “supply-side” business incentives and tax breaks which are nothing more than subsidies and do little good, according to a study by the institute on Taxation and Economic Policy.
What is happening to the majority of people in West Virginia? In the Coal Belt, economic conditions are those of depression that cause many family problems and reliance on opioids. Much of the problem is related to “demand-side” economics: there are no incomes to buy the glut of goods and services. While there is no easy way out of the economic crisis, business as usual in the halls of Congress and the West Virginia Legislature will not lead the way. Nor will attempts to lay the blame on immigrants, refugees, and others perceived as “different.”