High Cost of Economic Development Incentives

The High Cost of Economic Development Incentives as a Tool for COVID-19 Recovery   Overview:   The last sustained period of economic downturn in the United States saw explosive growth in the size and scope of state and municipal tax credit and abatement programs, subsidies, grants and other forms of economic development incentives. With the benefit of hindsight and new research […]

Iowa Considers Opening Economy

In an attempt to slow the spread of the coronavirus (COVID-19) the national economy is closed, which is resulting in millions of people unemployed and businesses wondering if they will survive.  Shelter-in-place and social distancing policies are working to slow the spread of COVID-19, but the longer the economy remains closed the greater the damage will be. There is great […]

COVID-19 Impacts Ag Economy

The coronavirus (COVID-19) is impacting Iowa’s entire economy. Social distancing, meant to slow the spread of the virus, has resulted in business closures and vast numbers of Iowans forced into unemployment. It is also impacting Iowa’s agricultural economy. A new study by the Center for Agricultural and Rural Development at Iowa State University estimates that COVID-19 could impact agriculture in […]

Steps to an Economic Recovery

The coronavirus (COVID-19) is frightening enough, but the economic consequences of the virus makes the situation even more terrifying. As a result of COVID-19, thousands of Iowans are filing for unemployment and businesses across the state are trying to fend off bankruptcy. The current “cure” or deterrent to stopping the spread of the virus is social distancing and shelter-in-place policies, […]

Prepare for Impact

The threat of a national economic recession hangs over the United States as a result of the health emergency caused by the COVID-19 (coronavirus) pandemic. While much attention has been paid to what lawmakers in Washington D.C. have done, states and localities are also bracing for an economic recession. A month ago, Iowa’s economy was in a strong position with […]

COVID-19’s Economic Impact Uncertain

  In our current situation, prudence is the best fiscal policy.   The economic impact of COVID-19 or the coronavirus is still uncertain. This national health emergency has resulted in business closures, unstable markets, and uncertainty as to when Americans can return to normalcy. Prior to COVID-19, the national economy, as well as Iowa’s, were both doing well; now fears […]