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A tough subject for a city

To tackle as the only tangibles they can offer would be lowered property taxes.
Wilmington, on it's own is an attractive venue during good economic times. We have a Community College and a University meaning our work force can be trained on an ongoing basis. Our amenities are nicer than most cities.
If the state can somehow reduce the regulatory burden we may be able to get past the tourism related businesses that dominate our landscape and attract more manufacturing jobs as Caitlin alludes to. Manufacturing jobs pay more than tourism related jobs for the most part, so they are the more desirable jobs to get.
But we must face some facts - company's like Continental tire, and Caterpillar who want to locate new factories are few and far between and they, for the most part, can drive many cities and states to grant breaks that far exceed the benefits of locating in the state they'e looking at.
We must face the fact that even after giving these huge breaks employers have no qualms about leaving - just take a look at Pontiac and Detroit and many rust belt cities. They are littered with broken promises and empty factories.
But a city like Wilmington has attractions that far exceed the monetary ones - so caution should be exercised by the city officials.

Vog

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