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The St Louis Contrarian

Providing Independent and Intelligent Insight on St. Louis Public Policy Issues

Archive for the tag “st louis business journal”

Excuses Regarding Our Failure With Amazon

The St. Louis Business Journal contained an article today asking various people about the application of the City of St. Louis to Amazon for it’s headquarters. The article was written in a manner as to indicate that a great application would have secured St. Louis a spot in the final 20.

Nothing could be further from the truth. An application is a document that allows Amazon to pick among a group of relatively equally qualified applicants. In our case, we don’t make that initial cutoff. Our crime rate is horrible, our workforce uneducated, the governmental system is dysfunctional, and racial problems are beyond belief. The best application possible would not have convinced Amazon to put its second headquarters here.

I am tired of St. Louis chasing after rainbows, be they NFL or soccer franchises, a China hub, trolleys, Metro Link or a convention center. If we created a strong community of racial harmony, good jobs, great schools, good governance, and low crime we would progress far better. Written by Paul Dribin

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St. Louis Economic Development Agencies

The embattled head of the Regional Chamber, Joe Regan receives more in the way of salary and perks than any of his comparable 25 colleagues. He receives $771,879 in total compensation. This information was conveyed by the St. Louis Business Journal. This despite the fact he had many unhappy employees and our local economy shrunk. I would like such a gig.

A bigger picture is that the St. Louis region has multiple economic development agencies and it is not clear what any of them accomplish. The St. Louis Regional Partnership has increased staffing and salaries significantly since it partnered with the city. This whole issue is the next scandal waiting to happen. Written by Paul Dribin

Historic Tax Credits for Residential Use

The St. Louis Business Journal had a poll today which appeared critical of State Historic Tax Credits being used on residential properties. These credits are part of the state program which is used primarily on apartments and commercial buildings.

If used properly, the credits can help rejuvenate historic neighborhoods and preserve housing. The criticism seems to be that sometimes people who use these credits don’t need them. A simple solution would be to means test the program so that only households who need the credits will use them. Written by Paul Dribin

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