Math isn't my talent, but, by my quick calculations, this is a much better
return than any of the Obama Administration's job programs or proposals. What does concern me a bit is that all of these new jobs required substantial
taxpayer subsidies that, if I were there, my small office might not get. Here
in Texas, there is disturbing evidence that the economic development money
controlled bgy Governor Perry went to campaign contributors and other cronies.
6 million dollars for 1200 jobs? It's like paying your bills with a credit card
and believing you are a great money manager. The money will have to be made up
by the taxpayers in the future. One of the companies new employee
numbers was spread over 10 years. More like 950 jobs.
Is this like President Obama's stimulus program that so many republicans
complain about? A 3.2 million dollar tax break for a company to produce 40
jobs. That is about an $800,000 tax break for each job created. I know
initially in the article we are led to believe it is more jobs, but here is the
quote that should be most important. "The company plans to hire about 40
workers for engineering and technical support positions over the next year. The
rest will be hired as needed over the next decade". Workers as needed
could be zero or 10,000 who knows, but all they have guaranteed is 40.
Molli,I second your comment. Until we make teaching a profession
where people don't get in with a 5 or 10 year and out plan (Mrs degree) to get
out we won't have a long-term boost in teaching quality. If a woman
decides to become a lawyer, doctor, or even a truck driver she isn't planning on
doing that profession for just a few years, and then settling down for the next
20-30 to raise a family. I have no problem with women focusing on mothering, but
I do have a problem with people juking and faking their way through a profession
and then leaving; this is especially true is a field as vital and important as
teaching. In my opinion teachers should be paid tax free, but if they fail to
complete a 10 year period of teaching they would have to pay all of those taxes
To Ms Molli:Unfortunately, we are NOT seeing the free market at work
in Utah. If we did, we could make some real changes. For example, if my local
high school could pay a $20,000 premium for good math and science teachers, and
give the best of those a $10-20K bonus based on performance, that would be a
free market. But the monster-sized school districts which span demographics
that prefer updated gym and weight-lifting facilites and new buildings over
better teaching and smaller classrooms, combined with teachers' union contracts,
tax policies, etc. preclude a free market from emerging.We need to
get away from one-size-fits-all education, huge classes, 27 year old teachers if
we are going to compete in the 21st century.
@ Carman, You are always going to find young and inexperienced teachers in Utah.
There is a plethora of female Utah college graduates, graduating with teaching
credentials, but really attended for the "Mrs." degree. They will
teach a few years until they start having their family. You are really seeing
the "free market" at work in Utah in this field. Unfortunately it is
the children who are paying for this.
Correction: $3.2 million tax holiday
Jobs are good.So, am I getting this straight? Home Depot is getting
a "tax holiday" of $521k? And Lifetime Products a $3bilbo lion tax
holiday?Please correct me if I'm wrong.But this is how
it works. Companies, which use resources-- land, roads etc. are granted tax
holidays so that they don't contribute back for using those resources. Then (not
targeting Home Depot or Lifetime) they pay low wages and take all the profits
for themselves for their outrageous CEO bonuses, salaries and pensions. The same happens for sports. Taxpayers pay for the venues and the
owners collect the money. And we tell ourselves it's good because of all the
jobs they create. Well, just don't believe them when they say tax rates and
regulation are why there aren't more jobs. Wage rates are the primary driver of
jobs going overseas.
Wow. Some of the posters on the DesNews site could use classes in reading
comprehension. Maybe an education would help them get some of these new
jobs.Seriously, however, Utah needs to get serious about raising
elementary and secondary school standards. We just moved here from out of
state, and I can tell you that math and science in our middle schools and high
schools here in Utah are woefully lacking. Based on my experience, my bet is
that when adjusted for demographics, Utah is likely UNDERPERFORMING in these key
subjects. To emphasize, my guess is we are BELOW average. And my children are
in some of the so-called best public schools in the state. I would hate to see
what the average or bottom-tier schools are like in math and science.We have too many young, inexperienced teachers, too low of salaries to keep
good teachers from moving into administration or out of teaching, and we have
WAY too large of classes to effectively prepare the average student in this more
difficult subject.If we don't invest more wisely now, we will pay a
huge price down the road.
This is terrific news! I'm thrilled about these new opportunities!
What is 125% if wages? How much is that, in the Utah labor market? Minimum wages
should be 200% of current depressing era earnings to have any meaning as a job
or incomes. I love how this GOED can call a minimum wage job good for the
economy, but that's how politics works, deception.So what does
education have to do with poverty? Education and poverty is the way of life in
Utah. You do not need 2 high schools degrees to get a job for minimum wages but
in Utah they try and make you feel better if you do have an education but can't
find a job. It's very doubtful that education will be required for low income
jobs, however not knowing english may help.This should be good news
for our depressed housing market and its #6 rating as one of the worst economies
in the nation.
CHS 85:Read the second paragraph of the article again. The last
sentence clearly states: "The new jobs will pay up to 200 percent of the
average Salt Lake County wage of $41,000." In other words, up to $82,000!
"It'll be mainly high-end computer science, electrical engineering, math
and science (positions),""The average salary will be
$41,000 per year..."I don't want to rain on anyone's parade
here, but high-end computer science, electrical engineering, math and science
positions require advanced education. The average salary will be $41K per
year??????? Really? In a report published by Georgetown University
in 2009, the annual average salary for these types of positions nationwide is
$98K per year.
Way to go Governor Herbert and the GOED Team!
Better get a good education if you want these jobs. An education always pays off
in the long run.