Brains or Brawn? Which Economic Development Policy is Best for Iowa?

Date
2015-08-10
Authors
Babcock, Bruce
Babcock, Bruce
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Center for Agricultural and Rural Development
Abstract

During this period of sluggish economic growth, state governments have been forced to consider whether they will be able to maintain valuable government services in both the near and distant future. Short-run concerns are shared nationwide, as lower tax collections create holes in state budgets. In the longer run, states such as Iowa face the dilemma of an aging and declining workforce, leading eventually to inadequate support for their economies.

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