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Penny exposes development myths


Fri, Apr 20th, 2001
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By Mike McGrathMonday, April 23, 2001


Former First District Congressman, Tim Penny, was the keynote speaker at the annual meeting of the Southeast Minnesota Development Corporation (SEMDC) last week in Hayfield.

Mr. Penny, who now serves as a Senior Fellow and Co-Director of the Humphrey Institute Policy Forum at the University of Minnesota, focused his talk on the Myths of Economic Development.

While Penny was willing to admit that parts of Southeastern Minnesota have moved beyond some of the myths, he also acknowledged that economic development might be hampered by the four myths, which he believes rural communities fall victim to.

Myth #1: “I’m from D.C. and I’m here to help you.”

The first myth of economic development is plainly, "I’m from D.C. and I’m here to help you." According to Penny, federal funding for rural economic development is static, not growing. If rural communities expect that the federal government will bail them out they are living a "pipe dream."

As examples, Penny cites the immense spending by the federal government on agriculture subsidies, yet the farmer is not being saved. Communities lack vitality tied to agriculture that they formerly enjoyed, as evidenced by the loss of so many small businesses in small towns.

Penny predicts there will be no extra federal dollars for rural areas from the projected $6 trillion surplus, as proposed tax cuts will offset any potential funds for growth in rural development spending, resulting in a status quo on federal funding to rural economic development.

Myth #2: "Build it and they will come."

According to Penny, many communities have built projects in anticipation of booms: Industrial parks sit empty; sports arenas that were predicted to boost development in slumping neighborhoods failed to do so, state prisons built without contracts for prisoners bring a high price in taxes.

"Dreams have to have some basis in reality," noted Penny. "Who you are, what you got, what you can build on…" is how Penny believes communities must approach economic development.

"We all can’t have an ethanol plant. Lanesboro can be a tourist town, Laverne is not likely to be a tourist attraction," explained Penny.

"We also can’t build more big co-ops that compete with Cargill. We need to think about new co-ops, small co-ops that serve niche markets."

Myth #3: "I, me, mine."

Tim Penny believes that no .....
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Lanesboro City Council

Fri, Apr 20th, 2001
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City attorney to look at art center sites; council meets with cable companyBy John TorgrimsonMonday, April 9, 2001

If Lanesboro City Council member Kevin Drake has anything to say about it, the Regional Art Commission will need to do some expl ..... 
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Board implements waste changes

Fri, Apr 20th, 2001
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By Mike McGrathMonday, April 23, 2001

The proverbial "winds of change" began to blow last week as the County Board moved to implement its new plan for the Resource Recovery Center in Preston.

Solid Waste Administrator Jon Martin presen ..... 
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Working for small towns

Fri, Apr 20th, 2001
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Southeast Minnesota Development CorporationBy Bonnie Prinsen
Monday, April 21, 2001

America continues to hold onto a Norman Rockwell image of small towns. Picture Mayberry: a quiet but attractive main street, friendly an ..... 
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NORSTAD CONSTRUCTION

Fri, Apr 20th, 2001
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New Homes • Remodeling • Additions
Poured Basement Walls • Driveways • Retaining Walls
Agriculture • Horse Barns • Riding Arenas


Fill, Sand, Black Dirt, Landscaping, Lite Excavation


We offer a plan service ..... 
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Our Gift Shop

Fri, Apr 20th, 2001
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Features:
Locally made Amish Quilts, Dolls, Baskets & Furniture
Amish Pantry Spices, Mustards, Bread Mixes & Soups
Beaumont Brothers Pottery
Fall Pumpkins, Apples & Scarecrows
Tapestry Wallhangings
Bell Pul ..... 
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Welcome to Bluff Country's Finest Family Campground

Fri, Apr 20th, 2001
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SUPERSAW VALLEY CAMPGROUND
Deep in the heart of picturesque Bluff Country, welcome to Supersaw Valley Campground, southeastern Minnesota’s scenic family camping area.

Come discover 185 acres of lush, bountifu ..... 
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Fud 4 Thot

Fri, Apr 20th, 2001
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©Maxxximum Madcap

Answer:

MENTAL GYMNASTICS

Fud 4 Thot

Fri, Apr 20th, 2001
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©Maxxximum MadcapWeekly cartoon, Max, Maxxx, Maxxximum, Madcap, food for thought, fud 4 thot
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