Left In Lowell

That’s No Farm Team

11 Responses to “That’s No Farm Team”

1. johnk Says:
   November 30th, 2010 at 3:51 pm

   Nice catch Lynne, economy continues to grow, job gains continue and now our very good bond rating has moved even higher, due to reduced risk, saving the commonwealth millions of dollars in interest. But no afternoon press release by Charlie and Co., maybe Pioneer could conduct a “study” to show how this is bad for the state.

2. Right In Lowell Says:
   November 30th, 2010 at 9:43 pm

   wow… the kool aid is flowing!

3. Lynne Says:
   November 30th, 2010 at 9:57 pm

   RiL - sorry, but what part of this news is Kool Aid? It’s *results*! Results that I knew we could achieve with someone like Patrick at the helm for long enough to make a difference and I am happy to be right.

4. Fran McDougall Says:
   December 1st, 2010 at 9:32 am

   Finally, the stores at the Chelmsford Mall are all occupied. That is one simple barometer that I use to guage just how well the economy is recovering. Guess what? There is no Kool-Ade for sale there either.

5. waittilnextyr Says:
   December 1st, 2010 at 10:01 am

   The savings in interest further emphasize why it is important for the city of Lowell to also improve its bond rating, especially with so much bonded for wastewater improvements. The City has advanced its rating 2 notches to A1, so we are on the right track. It would be nice to see additional improvement in the finances without over burdening the taxpayers and rate payers.

6. Right In Lowell Says:
   December 1st, 2010 at 2:59 pm

   Fran.. it’s all been consumed here. Next I’m waiting to hear how you think Chelmsford teachers are doing the right thing.
   Lynne… we all know about lies and statistics. Pull away from the keyboard and talk to people about their businesses and what your pal Deeval is doing to them and this state. Hang around outside the career center and then tell us deeval is the bomb!

7. Mill Girl Says:
   December 1st, 2010 at 9:51 pm

   RIL -

   Go to the career centers in Michigan, Mississippi and Rhode Island. No one is saying things here are great but you can’t deny that we are in much better shape than most other states. We’re leading the country out of this recession and I for one am happy that I am in Massachusetts vs. some of those other options.

8. Kim Says:
   December 2nd, 2010 at 1:10 am

   In my line of work I see all of the construction jobs happening in MA and who is bidding on them. I have never in all my years seen so many out of state contractors bidding on jobs here. It has to say something about the MA economy when companies from FL, GA, MI, and RI are in the competition. Luckily the MA companies still seem to be getting the bid with RI companies a close second.

9. Lynne Says:
   December 2nd, 2010 at 11:51 am

   RiL - I AM a small business, and what the state has been doing has been great for me. Sorry, but taxes are not my burden. Lack of work would be. Luckily for me that is not the case right now.

10. Mr. Lynne Says:
    December 2nd, 2010 at 12:35 pm

    A business getting a tax break in a declining market doesn’t expand - it doesn’t make fiscal sense. Whereas a business without a tax break, but in an expanding market, expands. It really is all about the customers. Yglesais:

    But a businessman with a good idea who needs capital doesn’t need a tax cut to get that capital, he needs a loan or an equity investment. This is what we have a financial system for.

    …

    The thing of it is, though, that your idea really only works if you have some customers. If everyone in Yuma, Arizona is unemployed then even a very competent proprietor of a dry cleaning establishment is going to have a hard time expanding his business. He won’t take out a loan to expand, he won’t get an equity investment to expand, and he won’t invest his own money in an expansion. You can give the guy all the money you want, and he won’t invest in expanding his business. That’s because unemployed people don’t need much dry cleaning and also don’t have much money to spend on dry cleaning. A guy with $0 and a good idea and a lot of potential customers will find a way to start his business. A guy with $1 billion and a good idea and no potential customers is just a guy sitting on a huge stockpile of cash.

    Of course, this is well known among economists, but you’d never know it to hear the discourse:

    http://delong.typepad.com/sdj/2010/11/a-platonic-dialogue-on-the-failure-of-economics-education.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BradDelongsSemi-dailyJournal+%28Brad+DeLong%27s+Semi-Daily+Journal%29

11. joe from Lowell Says:
    December 2nd, 2010 at 7:02 pm

    “Right In Lowell Says:
    November 30th, 2010 at 9:43 pm
    wow… the kool aid is flowing!”

    Uh, yeah…right to Moody’s and Standard and Poor’s. Buncha liberal Kool Aid drinkers there.

    eyeroll

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