The Nation's Pulse
Killing Business in Pennsylvania
Alarming decline that can't use Katrina as an excuse.
(Page 2 of 2)
Still, to update his research, a vice president of site location might want to check the most recent events to see if we’re at least moving in the right direction. What he’d find is a projected $965 million-per-year hike on the state level in additional road tolls and Dan Onorato’s proposal to increase drink taxes in Allegheny County by an estimated $35 million per year.
With just these two changes, that’s an additional $1 billion each year transferred out of the private sector into the less-efficient public sector, the exact opposite of what we should be doing in this region in order to encourage economic development. It’s like Poland, 1970.
“In the past decade,” says Dan Onorato, “Allegheny County has undergone a dramatic renaissance.” He’s wrong, and now he’s asking that we dig ourselves into an even deeper hole.
About the Author
Ralph R. Reiland is the B. Kenneth Simon professor of free enterprise and an associate professor of economics at Robert Morris University in Pittsburgh.
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