TheTimesTribune.com, Corbin, KY
Here we go again. SOAR (Shaping Our Appalachian Region) has been created to solve the economic problems of our area. The group suggests that we might resolve economic issues by creating governmental funds and establishing programs and developing special projects.
Time and past efforts have taught us that governments can’t eliminate poverty. Efforts of this type have only strengthened the political posture of local leaders and very few provide long-term strength required for a sound foundation.
Our area provides opportunity for growth for the individual business person. The opportunity comes from pent-up consumer hunger for products and services.
For consumers to support the individual business person, working families must have disposable (spendable) income from stable employment.
The question becomes how to provide these employment opportunities and the tax base to support our communities.
The sound solution is to import jobs. Industry will bring money into the area through wages and the purchase of supplies and services. Such an inflow of funds will circulate throughout the area approximately 10 times.
Successful firms that move in will provide the needed jobs on an ongoing basis with employees that gain experience that will support growth. The governmental role should be to provide the support for efforts to attract industry to areas in need of development.
The approach requires leadership and an aggressive effort by those leaders.