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Fletcher is right about economic growth

June 14, 2012
The Alpena News

Stephen Fletcher hit the nail on the head when he linked economic growth to the availability of appropriately zoned land (Economic structure needs change, 6/6/12). Economic growth is dependent on basic industries, those capable of bringing dollars into the community from outside the community. Industrial enterprises, particularly manufacturers, sell and ship goods to other areas, bringing in dollars that are partially distributed to local suppliers and employees in the form of salaries and wages. Employees, in turn, purchase local goods and services, creating spin off jobs. If there is a dearth of appropriately zoned land, the economic base of the community will remain stagnant.



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